This Interview Series where we will be interviewing some very important people and asking them questions that you, as a retail investor, want answered. The aim of this series is not only to give retail investors a voice and help you become better at investing, but also to bridge the knowledge gaps between financial institutions.
2 major news happened this week: 1. TPG wins bid to become the 4th Telco and 2. US has increased interest rates!
TPG is 4th Official Telco
TPG has won the bid to become the 4th telco, ousting out competition such as Circles.life and MyRepublic. A new entrant in the oligopolistic market for telecommunications, might just shake up the market share for the Big 3 telcos of Singapore.
However, the question is now to what extent is TPG going to shake up the market share?