Singapore's mobile market has displayed slow growth over the last few years due to a highly mature market with penetration reaching 149% by 2017. However the market over the next five years to 2022 is unlikely to grow much further. The mix' of mobile services is rapidly changing, with 2G having almost disappeared, 3G numbers declining and Long Term Evolution (LTE) / 4G service offerings continuing to expand rapidly. Wireless broadband has seen strong recent growth, increasing to 79.4% of overall broadband subscribers in 2017. Due to a mature and saturated market, market growth is expected to be slow over the next few years with market penetration reaching over 200% in 2018. Competition is now heating up in Singapore's mobile market with a fourth provider Australian telco TPG Telecom set to launch services shortly. TPG Telecom has recently won the right to become the city-state's fourth mobile network operator (MNO), defeating MyRepublic, another operator that has been trying to enter the local market over the past few years. This is likely to see increased pressure on SingTel, Starhub and M1, potentially triggering another price war which is likely to lower ARPUs over the next two years to 2019. The launch of third generation (4G) services by all three operators and the subsequent development of this platform has been a transformational move for Singapore's mobile market and has seen the adoption of new generation services steadily increase. The eventual launch of 5G services will further this transformation.
Singtel successfully tested fifth-generation mobile technology, as part of Singapore's push to become a connected society'. M1 achieved peak throughput of 35Gbps at its latest 5G trial. The IMDA spearheading joint-industry trials of Light Fidelity (Li-Fi) technology. M1 announced plans to deploy the city-state's first commercial Heterogeneous Network (HetNet).