Singtel targets Brazil for enterprise growth

Singtel plans to open a sales office in Brazil by the third quarter, aiming to serve multinational companies and tighten network links between Latin America and Southeast Asia, now Brazil’s fifth-largest export market. The Brazil base will be Singtel’s eighth global enterprise office, adding to its existing footprint in Asia, Australia and Africa.

The company is betting on Brazil’s fast-growing digital market, pointing to forecasts that the country’s digital transformation sector could top $50 billion by 2030 and that its enterprise telecoms market will grow about 7.2 per cent a year. Singtel Singapore CEO Ng Chong said demand is rising in Brazil for cloud-native systems, AI-ready infrastructure, low-latency connections and advanced network services, and that a local presence should help the operator support global customers running operations in the region.