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In one of the surprises of the rather boring telecom scene here in Singapore, StarHub has just announced that it is going to be led by the former CEO of rival telco MobileOne, Neil Montefiore.
Current StarHub CEO Terry Clontz, who is retiring in January 2010, will be succeeded by Neil, who left M1 earlier this year in a move that also surprised many market watchers.
When a friend from M1 said that he would “re-surface” soon, I, like many watching the scene, had not expected him to turn up as the CEO of the “other” challenger to SingTel here in Singapore.
Still, when you think about it, this seems like a smart move for both StarHub and Neil. After all, M1 was the original challenger to SingTel in the partial liberalisation of the telecoms market here in the mid-1990s. When M1 burst onto the scene then, it quickly signed up mobile users who wanted an alternative to SingTel. …
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| What’s one of the best ways to go one up on the competition? Hire their former CEO.
That’s just what StarHub announced today, when it said that its current CEO Terry Clontz will be retiring in January 2010, and former M1 CEO Neil Montefiore has surfaced to fill his shoes – pending regulatory approval.
Earlier this year on Feb 1, Neil stepped down from M1 and its then CFO Karen Kooi stood in as acting CEO, only to be confirmed as CEO a little more than two months later.
Now Neil, whom Terry has known “on a professional and personal level for ten years”, will take the reins of the number two telco in Singapore – a position which he probably wanted M1 to reach during his tenure.
Will this fuel further speculation of consolidation in the local telco scene? You bet. StarHub and M1 were already partners in the Infinity consortium, which put in a failed Netco bid in the Next Gen NBN project. And M1′s fixed broadband service essentially rides off StarHub’s cable modem infrastructure.
And if being pals doesn’t work out, StarHub can have the dirt on M1 – where they are good, and where they can hit it hard.
StarHub, 1 – M1, 0.
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| With the telco regulator in Hong Kong giving its stamp of approval for fixed mobile number portability last Friday, fixed line phone numbers here can finally be set free. Right off, I can think of a couple of scenarios where its useful to port fixed to mobile.
- You can move your business fixed line to a mobile and not miss any calls without the need to subscribe to call forwarding.
- Stop paying for your monthly fixed line fees just because you feel nostalgic about the number – port it to a prepaid mobile number.
- Going from fixed to a prepaid mobile might actually lower your phone bills if you’re an extremely infrequent voice user.
I’m sure there’ll be more scenarios and benefits, but unfortunately, this is expected that it will take a while before the fixed line carriers here actually let you do it, as the regulator’s left it to the telcos to sort it out commercially.
And I can’t think of too many reasons why the fixed line folks here would be wanting to open the floodgates to the fixed line exodus, but hey, at least they can start the conversation on how they want to do this and work out fixed to mobile migration options.
Now that’s what I call true number portability.
Meanwhile in sunny Singapore, can someone tell me where we are on our quest for telco liberalisation and true number portability? Since the implementation of “full mobile number portability” in 2008, I still can’t port my post-paid mobile to pre-paid *sigh*! Worse still, a review on number portability doesn’t seem to be on the horizon!
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