03-07-2014, 09:52 AM
Latest update on the news. The result will be known early 2015, nine months away...
One statement that catches my attention is
"MyRepublic expects the number of broadband Internet customers to exceed 25,000, or 1.8% of the market, by the end of July, Rodrigues said."
It means MyRepublic current market share is less than 1.8% (I reckon should be much less than 1.8%), which is tallied to my previous conclusion in M1 thread. Other RSVs are marginalized, without the mobile service.
(vested in M1)
MyRepublic plots mobile disruption in Singapore - Saturated market
...
SATURATED MARKET’
MyRepublic’s proposal includes using the incumbents’ networks while it builds out its own infrastructure, Rodrigues said.
“They’re fighting a very saturated market here,” Carey Wong, a Singapore-based telecommunications analyst from OCBC Investment Research, said in a phone interview. “It’s not going to be cheap to piggyback on existing telcos’ networks. It’s like taking a taxi versus driving your car. I’m not going to charge you the same price.”
Rodrigues said he expects the regulator to decide on the bidding process and offer the license in as early as nine months.
The Infocomm Development Authority, the regulator, intends to release its response in early 2015, it said in an e-mailed statement yesterday.
...
http://www.theedgesingapore.com/the-dail...?showall=1
One statement that catches my attention is
"MyRepublic expects the number of broadband Internet customers to exceed 25,000, or 1.8% of the market, by the end of July, Rodrigues said."
It means MyRepublic current market share is less than 1.8% (I reckon should be much less than 1.8%), which is tallied to my previous conclusion in M1 thread. Other RSVs are marginalized, without the mobile service.
(vested in M1)
MyRepublic plots mobile disruption in Singapore - Saturated market
...
SATURATED MARKET’
MyRepublic’s proposal includes using the incumbents’ networks while it builds out its own infrastructure, Rodrigues said.
“They’re fighting a very saturated market here,” Carey Wong, a Singapore-based telecommunications analyst from OCBC Investment Research, said in a phone interview. “It’s not going to be cheap to piggyback on existing telcos’ networks. It’s like taking a taxi versus driving your car. I’m not going to charge you the same price.”
Rodrigues said he expects the regulator to decide on the bidding process and offer the license in as early as nine months.
The Infocomm Development Authority, the regulator, intends to release its response in early 2015, it said in an e-mailed statement yesterday.
...
http://www.theedgesingapore.com/the-dail...?showall=1
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