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Aspiring entrants to mobile market will need deep pockets

It will need funds to pay for spectrum, survive a possible bid war and compete aggressively on price in its first two years

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There is money to be made in Singapore - despite the saturated cellphone market - because of the coming Internet of Things and machine-to-machine communications linked to the Smart Nation drive.

Singapore

IF there were ever any doubts about the government's intention to pave the way for a fourth telco operator in Singapore, they were dispelled by the Infocomm Development Authority of Singapore (IDA) last week.

Despite the industry's chorus that there was no need - or room

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