TPG Telecom has unveiled its first mobile plan for the Singapore market, offering subscribers 50GB of data for SG$10 ($7.05) a month. The service plan does not require customers to be tied to a contract and includes 300 minutes of talktime.
The country's fourth telco, TPG said in a statement Tuesday that it would announce a prepaid plan offering at a later date.
The Australian operator earlier launched a free trial service with unlimited data, which helped garner more than 400,000 TPG subscribers in Singapore, to date. It has more than 2 million customers in Australia.
The $10 mobile plan includes free caller ID, incoming voice calls, and SMS. From May 2020, it also would include 1GB of roaming data for selected countries as well as calls and SMS to international numbers.
Subscribers will be charged SG$1 ($0.71) per 1GB that exceeds their monthly data allowance.
TPG Singapore's acting CEO Richard Tan said: "Based on the valuable feedback from our large service trial subscriber base, consumers here want to have easy-to-understand yet attractive mobile plans with no hidden charges. The TPG proposition is simple, just $10 per month for 50GB of data and 300 call minutes with no bill shock and no lock-in contract. We look forward to giving our customers what they want -- transparency and affordability."
The telco's commercial launch marks the end of its free service trial, but subscribers who are currently still on their free trial period will continue to have free access until their plans expire.
TPG was one of three bidders for Singapore's 5G licenses, joining Singtel Mobile as well as M1 and StarHub, the latter two having submitted a joint bid.
All four mobile operators in the Asian market have submitted their bids for 5G licences, with two making a joint submission. The successful bidders are expected to be awarded the spectrum by mid-2020.
The Australian telco says it is not aware of any concerns specific to its operations in Singapore, where it has a local entity and will have an employee base of some 450.
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Government expects to have two full-fledged standalone 5G networks covering more than half of Singapore by end-2022 and, if there is interest from the industry, it will release another two lots of 800MHz of mmWave spectrum to be used for smaller non-standalone networks.
As for profitability, that is a rorschach test of statutory versus underlying.