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SingTel fined $130,000 over ISP tariffs

January 15, 2011 | Author: | Posted in Corporate finance, General, Mobile Cell Phone

SINGTEL has been fined a total of $130,000 for selling an unapproved wholesale discounted broadband service and for offering the discount to only one Internet service provider (ISP). ISPs buy wholesale services and then retail them to home and business users. The Infocomm Development Authority of Singapore (IDA) said on its website it had decided …