Synopsis
More than 600 telecommunications licences have been awarded by the Infocomm Development Authority (IDA), of which around 5% came under the Facilities-Based Operators category. The boom in licensing over the last decade has been the result of a hugely liberalised market and government policy that has strongly supported a progressive regulatory regime. This report looks at some of the major players in this dynamic, constantly changing environment. Despite a much more competitive market, Singapore Telecom (SingTel) clearly remains as a formidable player and has been busy developing new strategies, including regional expansion, as it adapts to the changing nature of the business.