Assignment: Exploring Competition and Market Structures in Singapore Telecommunication Industry

Learning Outcomes After the completion of this assignment, learners will be able to:

1. Explain the concepts of demand and supply pertaining to a case based on local telecommunication industry.

2. Apply the concepts of production factors and cost to evaluate the production issues for a telecommunication company.

3. Analyse the market competition among the telecommunication players using the concepts of market structures.

Requirements

(a) Explain the demand and supply of telecommunication market in Singapore before and after the entry of TPG. Please use market equilibrium diagram to help in your explanation. Explain the impact on the industry players and consumers.

(b) As a newcomer to a matured industry, suggest how TPG can organise and get its necessary resources (factors of production) to operate in an Oligopoly market structure.

(c) As an Oligopoly market structure, suggest how TPG can compete in this industry.

(d) Analyse the impact on consumers if the government decided to merge all players into a single firm serving Singapore market.