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Singapore telco giants tipped to consolidate their business as smaller players enter the market

on Jan 24, 2019 | 0 comments

By Shawn Lim

Singapore-based telcos will be consolidating their business in the next three years as more mobile virtual network operators (MVNO) enter the market, it has been predicted.

The consolidation claim has come from financial services company Moody’s, which noted that existing MVNOs like Circles.Life and MyRepublic are already eating into the market share of leader Singtel, as well as driving a price war among the others like Starhub and M1.

With seven more mobile service providers set to enter Singapore in 2019, including TPG Telecom, the second largest internet service provider and the largest MVNO Read full story ›

Source: The Drum