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Singapore SingTel In E-Commerce Pact With Global Sources
Wednesday, October 4, 2000 01:49 AM

SINGAPORE (Dow Jones)--Singapore's largest telecommunications provider Singapore
Telecommunications Ltd. (P.SGT, news, msgs) said Wednesday it has signed an
electronic-commerce pact with Hong Kong-based Global Sources (GSOL, news, msgs), an
e-commerce solutions provider

Under a three-year contract, SingTel Internet Exchange, or Singtel IX, will host all Global Sources' 34
portals including those in Singapore, Hong Kong, China, Taiwan, South Korea, Thailand and Mexico.
Global Sources has also chosen SingTel as its total information and communications partner in

SingTel IX is a unit of SingTel and is one of the largest Internet exchanges in the Asia Pacific region. It
currently provides Internet access to nearly 70 Internet Service Providers in over 30 countries in the
region. It also operates two electronic-content centers in Singapore to provide services to companies
who want to outsource hosting of their mission-critical Internet operations.

SingTel said SingTel IX's revenue is expected to grow by more than 50% this year to S$70 million.

-By Puja Rajeev; Dow Jones Newswires; 65-421-4824;
Quote for referenced ticker symbols: FA, GSOL
© 2000 Dow Jones & Company, Inc. All Rights Reserved.
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