Report Published: "Singapore Telecommunications Report Q4 2013"

From: Fast Market Research, Inc.
Published: Fri Oct 25 2013

Singapore's telecommunications industry has outperformed many of its regional peers with strong adoption of the latest products and services. Partially due to the country's small landmass and population size, the telecoms market has rapidly grown to a stage where it is approaching saturation. Next generation technologies, mobile and fixed, are therefore the next step in fostering new developments and revenue streams, and industry players - the regulator and operators - have rightly moved in that direction.

Key Data:

* We forecast Singapore's mobile sector will grow by only 1.5% annually between 2013 and 2017 due to the high penetration and a shift in operators' strategies.
* The fixed-line market has started to contract earlier than we had expected, and we forecast the number of subscribers to decline to 1.8mn in 2017.
* Next generation fibre and LTE services are the future growth drivers for the Singaporean broadband industry, although we expect the growth momentum to be relative slow initially due to factors such as contract lock-in period. We forecast 11.6mn broadband subscribers in the country by end-2017.

Full Report Details at

Risk/Reward Rating

Singapore is ranked third in BMI's latest Asia Pacific Telecoms Risk/Reward Ratings with a telecoms rating score of 70.0, unchanged from Q213. Despite having one of the smallest populations in the region, the country continues to harbour growth opportunities due to consumers' high purchasing power and strong appetite for new products and services, and the presence of large enterprises. A progressive regulatory environment, conducive for encouraging innovations and developments, is reflected in Singapore's industry risks score of 90.0, the joint highest in the region.

Key Trends And Developments

In July 2013, three of Singapore's main network operators have acquired 4G radio spectrum at the reserve price. M1 got 8MHz of spectrum for US$104mn, SingTel received 100MHz of spectrum at a total price of US$136mn and StarHub obtained 90MHz of spectrum for US$120mn.

SingTel, StarHub, and M1 have been fined by the IDA for non-compliance with the Quality of Service (QoS) standard for 3G Public Cellular Mobile Telephone Service. The three operators have each received US$10,000 fines for their failure during September 2012 to meet the 99% outdoor coverage standard demanded by the IDA. The QoS regulations were increased in April 2012 from 95% to 99% and the IDA will conduct another survey of services in H113 to determine whether these operators have increased their coverage to comply with the new standards.

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

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You may also be interested in these related reports:

- Hong Kong Telecommunications Report Q4 2013
- Australia Telecommunications Report Q4 2013
- Chile Telecommunications Report Q4 2013
- Central America Telecommunications Report Q4 2013
- China Telecommunications Report Q4 2013

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Contact Name: Bill Thompson
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