SG Investor Hub Blog

SingTel and StarHub stock prices sank on MyRepublic’s debut

21 June 2018 would be remembered as a day of reckoning for local telco players as MyRepublic set the mobile market on fire by offering one of the most innovative and competitive data plans in recent years – Smart 35. On the day of the launch, SingTel and StarHub stock prices got bombed-out. Whether the corrections are knee-jerk reactions remain to be seen but MyRepublic certainly debuted in style.

It would be sweet revenge for MyRepublic which had lost out to TPG Telecom in the bidding for the fourth telco license back in 2016. Despite losing the spectrum bid war, MyRepublic vowed to make a comeback back then. And it certainly did. With a bang.

Without having to make heavy investments on the network infrastructure, Mobile Virtual Network Operators (MVNOs) like MyRepublic is seriously giving incumbent telco players a new dimension of challenge. The biggest winner out of this telco war is of course the consumers. But should investors be punching the wall as SingTel and StarHub stock prices suffered melt-down?

StarHub stock

MyRepublic turn on the style

Smart 35 comes with 7GB data, 1000 minutes free talktime and 1000 SMS. There is no contract needed and customers may change …

The post SingTel and StarHub stock prices sank on MyRepublic’s debut appeared first on SG Wealth Builder.

Can I be rich investing for income?

Reader says…

I realised that I don’t have enough capital based on dividends to ever FIRE…

It seems like one can get more capital through

1) inheritance
2) work through your way to the top
3) property
4) capital gains when you find a…