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Telco consolidation may not necessarily lead to recovery in mobile revenues

Singapore’s telcos will need to dig deeper to generate revenue growth

Yong Jun Yuan

Yong Jun Yuan

Published Tue, Dec 10, 2024 · 02:59 PM
    • 5G use cases remain limited in the consumer space.
    • 5G use cases remain limited in the consumer space. PHOTO: REUTERS

    COMPETITION for mobile revenues among Singapore’s telcos has been intense, and it appears that prices for mobile phone plans have yet to find a bottom.

    Prices have been tumbling since mobile virtual network operator (MVNO) Circles.Life was launched on telco M1’s network in 2016.

    More recently, Eight – an MVNO that runs on StarHub’s network – offered 88,888 free SIM cards with 88 gigabytes (GB) of data for 88 days. Since October, the company has been offering 228 GB of mobile data for S$8 a month.

    Hock Lock SiewTelcos

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