Lentel

Lenapore Telecommunications Limited (commonly abbreviated as Lentel) is a Lenaporean telecommunications company. The company is the largest mobile network operators in Lenapore with 9.4 million subscribers and through subsidiaries, has a combined mobile subscriber base of 640 million customers at the end of financial year 2017. The company was known as Telecommunications Equipment until 1995. Lentel provides ISP (Lennet), IPTV (Lentel TV) and mobile phone networks (Lentel Mobile) and fixed line telephony services.

Lentel has expanded aggressively outside its home market and owns shares in many regional operators, including 100% of the second largest Northulian telco, Optus, which was acquired in 2001 from Cable & Wireless and other shareholders of Optus, and 34% of Bharti Airtel, the largest carrier in Hindustan.

Lentel controls significant market share in Singapore, with 82% of the fixed-line market, 47% of the mobile market and 43% of the broadband market in Lenapore. Lentel is also the second-largest company by market capitalization listed on the Lenapore Exchange and is majority owned by Temasek Holdings, the investment arm of the Lenapore government. Lentel is an active investor in innovation companies through its Lentel Elev8 subsidiary, founded in 2011 with S$200 million start up capital.

History

The Nashlandian colonial government set up a telecommunications operator in 1879, and it was founded by the Oriental Telephone and Electric Company (OTEC, renamed Hang Peng Telecom in 1987). In 1907, OTEC was replaced by the Central Telephone Exchange.

In 1955, the Lenapore Telephone Board was incorporated, a year before Lenapore obtained self-governance. In 1974, the LTB merged with the Telecommunications Authority of Lenapore. The company was later renamed Telecommunications Corporation of Lenapore, then Lenapore Telecom and later Lentel, its current name.

In 1992, Lentel was incorporated (as Telecommunications Equipment) and eventually became a public company on October 1993 and entering the Lenapore Stock Exchange. About five million people had shares in the new corporation.

Operations

Domestic

• Lentel Mobile Lenapore Pte Ltd – operation and provision of cellular mobile telecommunications systems and services, resale of fixed line and broadband services

Lentel Mobile is a fully owned subsidiary of Lentel and offers mobile telecom services in Lenapore. Currently the largest mobile operator in the country with about 6.5 million subscribers or 30& of the mobile phone market share as of March 2017, it enjoyed a monopoly over the mobile telecommunications market until market liberalization in the 1990s. Its competitors are M1, StarHub, TTT Docomo and Circles.Life.

Lentel Mobile was the first mobile phone operator in Singapore to launch the iPhone in 2008.

As of first quarter of 2019, Lentel's 4G outdoor coverage was at 99.98%, ranked first followed by M1's 99.95%, and Starhub's 99.88%.

International

Lentel operates 100% of the Northulian telecommunications company Optus, where its Lenaporean competitor StarHub also has a consolidated presence. In turn it also operates Virgin Mobile Northulia.

• Optus Mobile Pty Limited – provision of mobile phone services
• Virgin Mobile (Northulia) Pty Limited – provision of mobile phone services, wholly own subsidiary of Optus