Singapore Telecom Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Singaporean telecom market is expected to grow at a CAGR of 1.51% during the forecast period. The country's telecommunication industry is dominated by Singapore Telecommunications Limited (Singtel), StarHub Limited, M1 Limited, TPG Telecom Pte Ltd (Simba), and Nexwave Telecoms Pte Ltd. Singapore Telecom have witnessed growth due to robust 5G networks and demand for wireless networks.
Key HighlightsThe Singaporean telecom market is highly fragmented in nature. Some major players in the market studied include Singapore Telecommunications Limited, StarHub Limited, M1 Limited, TPG Telecom Pte Ltd, and Nexwave Telecoms Pte Ltd. The market also hosts other internet service providers (ISPs), MVNOs, and fixed-line service providers. Some of the telecommunication companies in Singapore are competitive internationally and hold strong ground in the global telecom space.
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