hereiam7788
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- Dec 10, 2015
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Yep. We just have to wait and see. But the big 3 appear to be signalling cost increases with their other offerings for a while now (eg, Broadband, TV), with M1 the slowest to increase (they don't do triple play, so we can't compare any video offerings). It's only a matter of time that mobile will go that way.
While 5G is not yet fully deployed, the capex is happening now. "Spend extra money, must earn back that money spent" is a very simple idea that anyone can understand, and businesses are all about making money.
There's also a case to be made - that they kept prices low because of Covid, but now that the government's signalling we're out of the woods (notice there's more chatter about more numbers of unemployment going down, inflation slowing down, etc in the news), and with areas like public transportation and food already raising costs, telcos will naturally want in on the extra earnings too. It's just simple business.
Also, cost increases take many forms. While the dollars and cents may stay the same, giving a user less (eg, no Caller ID and charging for it) is already a cost increase to the consumer. I only hope we don't get both - have seen a few hawker stalls that both raise prices and shrink their portions, and that's definitely a way to raise profits.
But again, we just wait and see. It's end March 2021, and in some 9 months' time, there will most likely be a price increase across the board because of the GST increase.
Edit: Corrected poor phrasing that was unclear.
if u ask me, telcos certainly are not making money (at least for now comparing to previously).
simple example, 22 years ago, a typical mobile plan that most ppl were using called "singtel classic plan" which costed $28 if remembered correctly. cannot even confirm that it includes GST or not. as it was a 'cheapest' typical plan that time most ppl used, and the bundled talktime/sms were very little which most people will incur extra cost due to the exceeded usage. so typically per customer spending minimally probably would be average of sgd30++ to 40++.
came back to 22 years later now, with the popularity of 'sim-only plan' and the high competitions among the telcos/MVNOs. how much are we playing month? average maybe $17/18 at most. and in fact some are using less than $10 plan while i advised them to pay for few more bucks to go up $17/18 plan so they do not need to constrained by the data they can use and they told me that it is 'expensive'! wt .... did u guys remember how much u guys have been paying for 22 years ago or not? in consideration of 22 years worth of 'inflation', u have advantages of payiing a monthly fee that is not even half of what you paid 22 years ago while to some may not even pay for half as they are using below $10 plan.
with this, u know what does it translate to? it means the telcos are making lesser $ per consumer. not to mention now there is no only 1 or 2 competitors like last time, now there are even MVNOs to fight business with them.
to be fair to the telcos, becos of the faster speed of the frequency band they use, they need more towers/base stations to cover the same area as the older technology too. like 4G will need more comparing to 3G. 5G will need more comparing to 4G too. technically they need to invest more on the infrastructure but again the price they get back per customer is even lower than 22 years ago which this cannot be justified. A typical worker will also complain about the food price now vs 22 years has increased by a lot so their salaries must be increased to catch up. but they did not complain the fact that they have been paying lesser and lesser for monthly telco fee.
