“Singapore Telecommunications Ltd. is launching iPhone in September, but the telco has declined to confirm or deny that it has struck a deal with iPhone maker Apple Inc, local broadcaster Channel News Asia reported, citing industry sources,” Jonathan Burgos reports for Thomson Financial.
“‘The news, if true, is positive for SingTel. Given iPhone’s (appeal to consumers), we believe iPhone would lead to higher market share for SingTel. However, the impact on SingTel’s bottom line should not be very significant given Apple’s hard bargaining tendency and tough competition from StarHub,’ said DBS Vickers in a note to clients,” Burgos reports.
“Even though iPhone is not yet available in Singapore, DBS said Singaporeans have bought an estimated 10,000 units since the mobile phone was launched in the US in June last year, with some paying as much as 1,000 Singapore dollars for a unit,” Burgos reports. “If the news is true, SingTel would likely be the first telco to officially launch iPhone in Asia.”
Full article here.
[Thanks to MacDailyNews Reader “Markkus” for the heads up.]
Lah! And you can bet it’ll be 3G by then, too.