TELECOM & INTERNET | Staff Reporter, Singapore

TPG now building its Singapore team

It is anticipated to launch fibre broadband services in 2H17.

As it gears itself up for the upcoming clash once it commences operations in Singapore, TPG is currently hiring to build its team in the city-state.

Meanwhile, according to UOB KayHian, the group's planned capex of $200m-$300m is perceived to be 'not aggressive'.

"TPG is expected to offer SIM-only service plans, given its no-frill branding and culture in Australia. Offering packages bundled with subsidised smartphones would place a heavy burden on working capital," said the brokerage firm.

TPG is anticipated to launch fibre broadband services in 2H17, leveraging on its strength and expertise in fixed-line network in its home ground in Australia. This is part of its branding in Singapore before launching its mobile services in 2H18.

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