Singapore Telecoms Market Report

Telecoms, Mobile and Broadband - Statistics and Analyses

Report Cover Image New Release

Last updated: 13 Jan 2025 Update History

Report Status: Current

Report Pages: 189

Lead Analyst: Henry Lancaster

Contributing Analyst: Sebastien De Rosbo

Singapore closes 3G networks and bolsters 5G capacity

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.

Key developments

  • Planned National Broadband Network upgrade to provide a 10Gb/s service by 2028.
  • Singapore’s telcos invest in additional subsea cables to increase traffic capacity for local data centres.
  • 3G networks are closed down by all three MNOs, with spectrum repurposed for 5G.
  • Telecom regulator releases second iteration of GenAI Sandbox to support local SMEs.
  • Report update includes the regulator’s annual report for 2024, market data to September 2024, telcos’ data to Q3 2024, updated Telecom Maturity Index charts and analyses, recent market developments.

Key companies mentioned in this report:

Singtel, StarHub, M1, Simba Telecom (TPG Telecom)

Related Reports

Share this Report

TMT Intelligence

A platform to scale your intelligence tasks

Monitor critical insights with our AI-powered Market Intelligence Platform gathering and analyzing intelligence in real time. With AI trained to spot emerging trends and detect new strategic opportunities, our clients use TMT Intelligence to accelerate their growth.

If you want to know more about it, please see:

TMT Intelligence Platform

Research Methodology

BuddeComm's strategic business reports contain a combination of both primary and secondary research statistics, analyses written by our senior analysts supported by a network of experts, industry contacts and researchers from around the world as well as our own scenario forecasts.

For more details, please see:

Research Methodology

More than 4,000 customers from 140 countries utilise BuddeComm Research

Are you interested in BuddeComm's Custom Research Service?

News & Views

Have the latest telecommunications industry news delivered to your inbox by subscribing to BuddeComm's weekly newsletter.

Unsubscribe