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Telecomms in Singapore make the connection

Singapore’s GDP grew by 4.9 percent in 2011, as opposed to the 14.5 percent GDP growth in 2010.

FOR IMMEDIATE RELEASE

 
PRLog (Press Release) - Jun. 7, 2012 - Overall, the size of the ICT industry in Singapore was estimated at SGD 75 billion by year’s end.

The Government of Singapore has played a proactive role in promoting the country’s ICT industry. The Singapore government sees the infocomm sector as a growth driver of the economy.

The government’s vision is to transform Singapore into an intelligent nation (iN2015) powered by infocomm by the year 2015. As part of the iN2015, Master plan, Singapore looked into deployment of seamless, trusted, and intelligent infrastructure that can support and enhance the infocomm industry.

Next Gen NII is part of this initiative. The Next Gen Nationwide Broadband Network (Next Gen NBN) comprises a nationwide ultra-high speed fiber access infrastructure accompanied by a countrywide wireless network.

In the year 2011, fixed line penetration remained stagnant and was hovering around the 40% of the population. The growth in fixed line subscription also remained low, with people preferring to go with cellular services.

The segments which showed signs of promise were wireless broadband and 3G mobile services. Numbers of wireless broadband subscriptions in Singapore rose by around 20%, to reach a figure of more than 7.8 million, and crossed the threshold of 150% penetration of the population.

By year’s end, 3G post-paid and pre-paid mobile subscriptions grew by 10%  and 57% year-over-year, respectively.

On the other hand, 2G post-paid and pre-paid mobile subscriptions registered a decline of 29% and 22%, respectively, in the same period.

The total activated bandwidth owned by Singapore operators resulting in  internet traffic increased by 40% year-over-year in June 2011, which shows the rise in usage of data services by the subscribers.

We expect the wireless broadband subscriptions to cross the 8.7 million mark by the end of calendar 2012.

For the fiscal year ending March, SingTel continued to lead the industry by recording operating revenues of SGD 6.5 billion from its Singapore operations, a year-on-year growth of 2%. StarHub recorded the highest EBIDTA growth of 11% among the top three telecom players, the other two being SingTel and M1.

EBIDTA Margin for the top three players on an average was around 35% during this period, with M1 having the highest at 40%.

This is only a brief summary of some of the many points of analysis in the new Emerging Markets Direct Report, Singapore ICT Industry. Learn more and purchase now>>

http://www.emergingmarketsdirect.com/asia/singapore-ict-i...

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