Singapore Telecommunications (Singtel) is preparing to set up a business presence in Brazil to assist multinational companies in speeding up their digital transformation initiatives.
The initiative will introduce Singtel's expertise in software-defined wide area networks, orchestration, and secure, cloud-centric infrastructures to Latin America's biggest economy, enabling MNCs to enhance their operational performance, agility, and robustness.
This expansion by Singtel will bolster corporate connectivity linking Latin America with ASEAN, a region that stands as Brazil's fifth-largest export market, with two-way trade surpassing US$37 billion. Establishing a local footprint will assist multinational clients in managing their cross-border operations more fluidly, backed by secure, high-performance digital links and platforms.
Brazil ranks among the globe's most rapidly expanding digital economies, as companies hasten their uptake of cloud services, automation, and data-centric platforms. Mordor Intelligence forecasts the nation's digital transformation market to grow beyond US$50 billion by 2030, fueled by investments in artificial intelligence, cloud computing, cybersecurity, and Industry 4.0 technologies. The country's corporate telecom sector is growing at a compound annual growth rate of 7.2%, highlighting the strong need for sophisticated digital infrastructure.
According to Ng Tian Chong, Chief Executive Officer of Singtel Singapore, Brazil is experiencing increasing demand for cloud-native architectures, AI-compatible infrastructure, low-latency connections, and advanced network services as businesses upgrade and expand. By deploying Singtel's proficiency in software-defined networking, intelligent connectivity, and secure digital platforms, combined with its extensive Asia-Pacific network resources, the group intends to support global enterprises in constructing more durable, forward-looking operations and facilitate their expansion into Asia while maintaining global competitiveness.
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