The National Optic Fiber Network rollout has been not so successful, according to the chief of the country's telecoms regulator, who called for the next government to take immediate action on spectrum availability.
The island will establish a governing body to map its development of fifth-generation mobile networks, in a bid to stay competitive in the communications industry.
The Chinese telecoms gear maker attributed growth to improved efficiencies and cost cutting, but fell short of its annual revenue target.
The telco's new data exchange platform allows "4G Pro" service users to sell extra data capacity to other subscribers, including some flexibility to set their own prices.
A new player could enter by April 2015 if its license application is approved, promising lower mobile tariffs across the country by as much as 60 percent.
The telco's regional associates expects its enterprise customers to be cautious in spending for the next 12 months amid keen competition. Q2 was held back particularly by a weaker Australian dollar and overall capex investments.
Market leader Grameenphone has launched the country's first 3G network, and has pledged to do its best to make the service available at affordable prices.
The telco wants its Indian associate to lead a consolidation of the domestic market, which SingTel chairman Simon Israel believes the sector "desperately" needs. He did not rule out injecting new funding to support the move.
Profitability was improved largely thanks to the "strategic initiatives" rolled out last year and lower handset subsidies doled out, but the telco's subsidiary Optus is facing headwinds from a weaker Australian dollar.
Singapore telco has realigned sales and marketing functions for a more integrated enterprise and consumer approach. Separately, while Q2 profit rose 16 percent it is still suffering from intense competition in broadband.
