It could switch the acquisition mode on.
There is no doubt that new telco TPG is starting from a position of weakness as it competes against players like Singtel, StarHub and M1 that have years of operating history in Singapore. According to DBS Vickers Securities, acquisitions could cure some of its initial headaches.
"Though TPG is unlikely to acquire an existing wireless service provider, as any such attempt is likely to be blocked by the regulator, Info-communications Media Development Authority of Singapore (IMDA), TPG could potentially acquire an already operational fixed operation in Singapore," DBS noted, pointing out that this would give TPG a head start in deploying its support infrastructure along with an ability to bundle mobile and fixed broadband.
At present, the market has three fixed-only operators catering to both retail and corporate customers including MyRepublic, ViewQuest, and SuperInternet.
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