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Analysts stay positive on incumbent telcos even as TPG rolls out commercial launch

Stanislaus Jude Chan
Stanislaus Jude Chan • 3 min read
Analysts stay positive on incumbent telcos even as TPG rolls out commercial launch
While TPG has signalled its intention to target three key groups on the back of its $10 a month SIM-only plans, DBS analyst Sachin Mittal opines that the telco is likely to see limited success.
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SINGAPORE (Apr 1): TPG Telecom on March 31 rolled out its long-awaited commercial launch, unveiling a SIM-only plan at $10 a month for 50GB of data.

But market watchers are far from worried that the newcomer will have an adverse impact on incumbent telcos Singapore Telecommunications and StarHub as well as fibre network infrastructure provider NetLink NBN Trust.

“TPG has acknowledged its current lack of adequate coverage in underground MRT tunnels. As we understand, TPG’s voice-call experience is also sub-optimal due to the lack of a 3G network to plug the gaps in its newly-built 4G network,” says Sachin Mittal, an analyst at DBS Group Research, in an April 1 report.

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