(1888PressRelease)
February 08, 2007 - Singapore's telecoms market is competitive, mature, innovative and stable. However, the size of the market means that there is little growth potential left in the domestic market. Indeed, SingTel's new CEO Chua Sock Koong is adamant that the correct strategy for the incumbent operator remains one of regional expansion and using the potential of India, Indonesia and the Philippines for growth.
Singapore continues to be an investor friendly market, with little political or economic risk and a good potential as a manufacturing base. BMI has ranked Singapore in fifth position in our Business Environment Rankings.
However, it is unlikely to be able to go any higher because of the size of the market and the lack of growth potential. Yes, next generation technologies can still push forward the market, but early in the next decade, it is likely that 3G mobile telephony will become saturated. Even broadband services should have a penetration rate of about 40% by 2010, whilst three quarters of households should have internet access.
Rather like Japan and Korea, Singapore could too become a springboard for growth in 3G mobile usage and broadband popularity. The government wants the island state to remain at the heart of telecommunications innovation, and this it is set to do throughout our forecast period and beyond.
Content
• Chapter 1 - Executive Summary
• Chapter 2 - Business Environ
Chapter 3 - Industry Forecast Scenario
Chapter 4 - Macroeconomic Forecast Scenario
Chapter 5 - Country Snapshot: Singapore Demographic Data
Chapter 6 - Competitive Landscape
Chapter 7 - Company Profiles
Chapter 8 - BMI Forecast Modelling
Chapter 9 - Appendix: Regional Demographic
“Singapore Telecommunications” is available from Report Buyer
