Singapore opens telecommunications sector, drawing praise

Article Abstract:

The article discusses Singapore's decision to open its telecommunications market sooner than expected. The action will probably lure new investors, reduce consumer expenses, and increase the city-state's competition with Hong Kong for regional business.

Market information - general, Singapore, Asia

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Singapore awards mobile phone licenses to competitors of Singapore Telecom

Article Abstract:

The Singapore government's approval of licenses for cellular-phone and paging services is aimed at dismantling the monopoly of Singapore Telecommunications Ltd. over the telephone market. Singapore Telecom's earnings are seen to suffer once these new competitors start operating in Apr. 1997, since cellular-phone and paging services account for the bulk of its revenue. Analysts, however, expect the competition will adversely affect the company's share price only for a short period.

Radiotelephone communications, Cellular Mobile Radio Services, Cellular and Other Wireless Telecommunications, Paging, Local Paging Services, Economic aspects, Cellular telephone services, Economic policy, Paging services, Monopolies, Singapore Telecommunications Ltd.

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Hongkong Telecom faces an untimely squeeze; loss of IDD monopoly could usher in slump in sales as competitors attack on new fronts

Article Abstract:

Hong Kong Telecommunications Ltd has lost its monopoly on international direct dial (IDD) telephone services, a development that threatens to cut its long-distance-call revenue by nearly 50% until 2001. The company has been counting on its IDD revenue to support its unprofitable local network. The loss of its IDD monopoly comes as Hong Kong is experiencing its worst recession since the oil crisis in the mid-1970s. Customers are more wary when it comes to prices, even as a number of Hong Kong Telecoms' rivals are resorting to price undercutting to gain a larger share of the market.

Market share, Telecommunications systems, Hong Kong Telecommunications Ltd.

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