Economics
SingTel Wants Renewable Energy to Power Its Signal Towers
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Singapore Telecommunications Ltd., Southeast Asia’s biggest wireless carrier, is worried about the impact of climate change on its business and wants to turn to green energy to cut its carbon footprint.
The 140-year-old company will sign an agreement by mid-2020 to purchase renewable power in Australia, a market that accounts for half of the telecommunications firm’s revenue, according to Andrew Buay, head of sustainability at SingTel group.