Show me the statistic!
The special administrative region has 0.9 million subscribers in total, or a 180% penetration rate
and still GROWING(http://www.dsrt.gov.mo/eng/Facts/stats/MainService2009b.html)
Show me the money!
SingTel
FY09 : Mar
12.5
S$3.05
4.098%
14.07
M1
FY08 : Dec
13.4
S$1.86
7.204%
11.07
StarHub
FY08 : Dec
18.0
S$2.07
8.696%
11.32
What is your opinion?
I searched everywhere but cant find any brokerage report on telecommunication sector growth forecast for Singapore that is close to my wild guess. Although Singapore mobile subscriber does not start from a low base compared to this specific SAR, but never ever underestimate the total effects brought about thru the concentrated effort of various government agencies and private sectors in Singapore, namely STB, LTA, RWS, MBS, etc etc
