Telco consolidation may not necessarily lead to recovery in mobile revenues
Singapore’s telcos will need to dig deeper to generate revenue growth
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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.
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