Telco newcomers may be on track to reach the black this year

But fourth network operator TPG Telecom remains the wild card in tight Singapore market

Annabeth Leow

Published Wed, Oct 2, 2019 · 09:50 PM

Telecommunications

Singapore

NEW entrants to the telecom scene have put incumbents on the back foot, even while loss-making.

Still, losses are shrinking at mobile virtual network operators (MVNOs) Circles.Life and MyRepublic, with industry watchers expecting the mobile market to pave the way to profit. The duo are the most established of the new kids on the telco block, with big backers and global plans to boot.

But it may be a different tale with Australia's TPG Telecom, which hit Singapore as an infrastructure-building network operator late last year, as startup costs could continue apace.

Circles.Life, which joined the fray in early 2016, more th…