Last updated: 13 Jan 2025 Update History
Report Status: Current
Report Pages: 189
Lead Analyst: Henry Lancaster
Contributing Analyst: Sebastien De Rosbo
Singapore has enjoyed a vibrant telecom sector since the economy recovered from the years of the pandemic in 2020 and 2021. All three of the major telcos have continued to improve their service offerings in a bid to attract new customers and encourage churn from competitors. Each has also voiced strong optimism for the coming financial year, bolstered by their investments in fibre and standalone 5G networks.
The island state has also bolstered its data centre capacity, and although the lack of land locally has meant that international data centre providers are looking to neighbouring countries such as Thailand and Indonesia for new projects, Singapore is nevertheless keen to significantly increase its international internet capacity by laying new subsea cables.
With upgraded infrastructure in place, the telcos are looking to AI-assisted solutions, and to helping generate the digital transformation elucidated by the government, including the national Digital for Life movement and the Smart Nation 2.0 initiative.
Singtel, StarHub, M1, Simba Telecom (TPG Telecom)
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