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Industry: Email Alert RSS FeedC2C Pte Ltd., a subsidiary of Singapore Telecommunications Ltd. , received US$700 million in secured financing facilities, consisting of a $660-million loan and a $40-million credit facility - SingTel - News in Brief - Brief Article
CommunicationsWeek International, Feb 4, 2002
C2C Pte Ltd., a subsidiary of Singapore Telecommunications Ltd. (SingTel), received US$700 million in secured financing facilities, consisting of a $660-million loan and a $40-million credit facility. The loan will be used to complete C2C's $2.1-billion pan-Asian submarine cable network, which will cover business centers in China, Taiwan, Hong Kong, Japan, the Philippines and Singapore.
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The company announced that Tsunekazu Matsudaira will be its new CEO.
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