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Telco price war intensifies with fiber broadband shift
The big three-M1, StarHub, SingTel-are now pushing their 100Mbps plans at prices within 10-16Mbps range.
Accorrding to CIMB, pricing is now more competitive, with all three incumbents now pushing their 100Mbps plans to customers at prices that are similar to 10-16Mbps.
Here's more from CIMB:
We expect competition to remain intense, possibly increase as more Internet users switch to the Next Generation Nationwide Broadband Network.
From our surveys, competition remained fairly benign in 2Q12. Apart from a continued emphasis on smartphones, tablets and data bundles, telcos had expanded their focus to fibre broadband plans in the NGNBN. Despite bottlenecks faced in rolling out NGNBN, there are some positive indications of NGNBN subscriber take-up. Network coverage is growing and is set to pass 95% of Singapore homes by Jul 12.
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