So SMRT wants to be telco now.....


brapodam

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Jun 12, 2009
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#2
I think they gave up on the trains. They must be like "hey, we have no idea what's going on with our trains, let's just buy a telco and see how it goes. If it flops, let's buy some other stuff, say semiconductors, and see how that goes"

They already branched out into mall management(Kallang Wave Mall) anyway, not sure how that is doing though.
 

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#3
The world will stop if we want our trains to run 100% on time and with no breakdowns before SMRT can think of diversication.

We just have to live with breakdowns and delays or move to Hong Kong where the trains runs almost 100% and pay HK$8 millions for a 2 bedroom apartment. :)
 

brapodam

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Jun 12, 2009
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#4
The world will stop if we want our trains to run 100% on time and with no breakdowns before SMRT can think of diversication.

We just have to live with breakdowns and delays or move to Hong Kong where the trains runs almost 100% and pay HK$8 millions for a 2 bedroom apartment. :)
Their train punctuality has been dropping consistently since 2010 and hasn't improved yet (at least based on their 2014 annual report). Maybe it has improved since, but I don't like it when they haven't addressed a problem (not talking about 100%, just improvement) and move on to another thing. It makes me start to wonder if they actually know what they are doing, especially when they start diversifying into businesses that they have no expertise in.
 

cks2k2

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Feb 12, 2009
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#5
they're not running the thing, just investing in it.
what's the problem with that again?
 

Miao

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Nov 3, 2004
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#9
I wouldn't be a subscribe of that telco that invested in ... thats for sure.
 

kklee

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Aug 13, 2004
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#11
I think that they would because they could - they have the physical infrastructure that spans the island.
 

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Jedi

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Jul 17, 2002
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#14
What is the fuss all about? Look at the share price of SMRT, it rallied when the news broke out. The shareholders are cheering. SMRT share price has not been able to perform since the breakdown saga began some times ago, so in order to have the deadlock broken, they have to look into other businesses or areas.
 

Jun 7, 2011
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#17
Unfortunately nothing much can be done..

If not happy, can try to arrange a mass boycott - everyone take private transport for one full day - motorcycle, car, bike, walk, scooter, etc.. :)
 

#18
Unfortunately nothing much can be done..

If not happy, can try to arrange a mass boycott - everyone take private transport for one full day - motorcycle, car, bike, walk, scooter, etc.. :)
Those who take part in a mass protest will be arrested.

A group of people walking together will constitute illegal assembly.

See you in the jail. We may form a photography club in the cell. :)
 

Zenten

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Jun 13, 2004
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#20
If they can provide cabs for commuters as alternative means of transportation then why not?....... I guess easier to call them and inform when the MRT breaks down. :)
 

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