Chart of the Day: Local mobile service plans more expensive compared to regional peers

Plans are cheaper in Hong Kong, Japan, and Australia.

Local mobile service plans are modestly more expensive compared to regional peers, a report by Barclays revealed.

The report compared iPhone 6 service plans in US dollar terms and found that Singtel, M1 and StarHub offer slightly costlier plans to users.

Although monthly prices are more or less similar, local telcos offer "relatively less" compared to offers by counterparts in Hong Kong, Japan, and Australia.

"Absolute monthly commitments are not too different across these representative carrier packages across a peer group. [However]. what’s on offer with these packages is relatively less in Singapore than in other markets," the report said.

"The modest voice allowances are a stand-out, which we highlighted earlier as well. Data allowances appear to be comparable though," Barclays stated.

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