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News - Detailed News Story

Keppel Corp

Stock Chart
Last Done 5.980
Change +0.040 (+0.67%)
Volume 2,681.4
Range 5.950 - 6.000


Stock Chart
Last Done 1.290
Change - (-)
Volume 2,445.9
Range 1.280 - 1.310


Stock Chart
Last Done 2.160
Change +0.010 (+0.47%)
Volume 5,812.5
Range 2.140 - 2.180


Stock Chart
Last Done 3.170
Change - (-)
Volume 14,344.7
Range 3.150 - 3.180

Telcos need new ideas to dial up revenue from rising data use

20 Sep 2019 09:00

By Annabeth Leow,

SINGAPORE has seen the sharpest decline in data prices among key Asian telecom markets in the past 12 months in spite of strong growth in data use, according to a recent report by DBS analyst Sachin Mittal.

This is the result of a ferocious price war in the telecom market which has been a boon for consumers.

But the good times may not last. Once customers are hooked bingeing on big data, they will be reluctant to cut back on usage even if they have to pay more for it once the price war is over - or so the larger operators believe as they batter one another hoping to be the last man standing, figuratively speaking. This version of The Hunger Games is likely to wrap up in the next three years, Moody's analysts expect.

However, the winner of this war may not necessarily reap the benefits they expect, given how quickly the media landscape is shifting. Remember how Singtel and StarHub crossed swords in the not-too-distant past to be the numero uno in the pay-television segment? Well, the advent of content streaming services turned what had been a heavyweight fight into a playground skirmish.

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Source: Business Times

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