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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 3 sources · 27 days · First seen · Last updated
Singapore telecommunications market competition
Overview
The Singapore telecommunications market is characterized by high performance standards and intensifying competition. In the second quarter of 2026, StarHub led the fixed broadband market in several categories, including reliability, consistent quality, upload speed, and video experience, while Singtel maintained the lead in download speeds.
However, the sector is facing significant economic pressure as price wars drive broadband costs toward approximately SG$30 per month. This competition has resulted in declining mobile revenues for major players, with StarHub seeing an 11% drop and Singtel a 6% decrease during the same period. While StarHub has grown its market position by migrating customers from other providers, newer entrants like Simba face sustainability challenges due to regulatory requirements for 5G infrastructure investment and limited spectrum availability.
Entities
Singtel · StarHub · MyRepublic · Monetary Authority of Singapore · Singapore FinTech Association
Timeline
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[BUSINESS] 2 sourcesSingapore telecommunications market faces intense price competition
Singapore's telecom market faces intense price competition, with StarHub and Singtel seeing revenue shifts as customers move to value brands and regulatory requirements pressure newer entrants like Simba.
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[BUSINESS] 2 sourcesStarHub leads Singapore broadband performance in Q2
StarHub led Singapore’s fixed broadband market in Q2, winning top marks for reliability, upload speed, and video experience, while Singtel recorded the fastest average download speeds.
Sources
asianbankingandfinance.net · asiantelecom.com · hardwarezone.com.sg