For example, Indosat Ooredoo and Hutchison Indonesia merged, and the industry’s ebitda margins are improving. “It is about time that the Singapore market goes through consolidation to further enhance 5G investment and experience,” adds Mittal, writing in his Oct 4 report.
StarHub might acquire Singapore’s fourth telco operator, Simba, as part of a possible industry consolidation already seen in other regional markets, according to Sachin Mittal of DBS Group Research.
“Southeast Asian telecom industry is witnessing consolidation to improve operational efficiency, improve net debt to ebitda position and channel resources into new investments such as cloud, IoT and data centres,” says Mittal.
