Singapore Telecommunications Q2 2018
Newcomer MyRepublic, already active on the Singapore internet market, has confirmed plans to launch mobile servicesas an MVNO in H118, joining three existing MVNOs (two of which have very recently launched) and intensifying the already densecompetition on the market. The increased competition from the introduction of a fourth carrier may hurt ARPU, though this may bemitigated by the increased range of advanced services on offer, leading to stable ARPU over the forecast period. BMI believes thatSingapore combines a number of key factors that will make it a frontrunner in 5G and facilitate uptake once the technology iscommercialised: a favourable regulatory environment, healthy market competition, strong consumer readiness with high 4Gpenetration and data consumption and a push for enterprise IoT solutions.
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