Wireless competition rings the alarm for TPG

It doesn't have any experience in operating a mobile network.

It may seem that the wireless market is TPG's Achilles heel as it lacks experience in operating a mobile network, DBS Vickers Securities said.

DBS said its mobile operations in Australia is an MVNO, meaning it does not own the wireless network infrastructure.

"[It] may find it difficult to build a network from scratch to compete with some of the best network operators in the world," the research firm said.

More so, DBS argued that TPG would have to find suitable base station sites, which can become difficult with Singapore’s urban density.

"Singapore does not have a passive infrastructure pool that can be freely leased by third parties," it stated.

To recall, this was also a concern raised by MyRepublic when it showed interest to enter the telco market.