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News - Detailed News Story

Keppel Corp

Stock Chart
Last Done 6.650
Change -0.040 (-0.60%)
Volume 3,638.7
Range 6.650 - 6.700

StarHub

Stock Chart
Last Done 1.520
Change - (-)
Volume 3,222.7
Range 1.510 - 1.530

SPH

Stock Chart
Last Done 1.970
Change -0.040 (-1.99%)
Volume 8,435.5
Range 1.960 - 2.000

Singtel

Stock Chart
Last Done 3.100
Change - (-)
Volume 28,769.6
Range 3.080 - 3.130

S'pore, Asean telcos stand to make billions from 5G: Report

12 Sep 2019 09:00

By Annabeth Leow,

TELECOM operators in the region could rake in billions of dollars more from 5G technology, led by demand from enterprise users, a consulting firm said in a report on Tuesday.

Across Asean, 5G could bring in U$4.3 billion to US$5.8 billion more a year in operator revenues by 2025, or 12 per cent more than what telcos make now, according to AT Kearney.

Enterprise turnover could grow by between 18 per cent and 22 per cent, while consumer revenues are pegged to rise by 6 per cent to 9 per cent.

The analysts added: "Given the otherwise widely stagnating revenues of telecom operators both in the region and around the world, this is an astonishing opportunity that operators must make all efforts to capture."


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Source: Business Times
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