SingTel cuts rates by 20%

SingTel cuts rates by 20%

SINGAPORE (Reuters): Singapore Telecom said yesterday it was reducing its International Direct Dialing (IDD) rates to seven countries by up to 20 percent.

These apply to IDD calls to France, Germany, Indonesia, Italy, Netherlands, South Korea and Thailand from August, it said in a statement.

Rates for Subscriber Trunk Dialing (STD) calls to Sabah and Sarawak in Malaysia would be lowered by as much as 12 percent.

Incoming collect call charges for Indonesia, South Korea, Thailand, France and the Netherlands would be cut by up to 15 percent.

The statement said the second set of rate cuts this year would save customers S$20 million annually.

SingTel was reviewing rates to other countries as well as rates for business communications services like international and local leased circuits and frame relay, it said.