SingTel CEO Chua Cock Khoon should step down

[LITTLEREDDOT]

Singtel chief calls for right to charge challengers Skype and WhatsApp

<dl style="margin-right: 0px; margin-left: 0px; border: 0px; font-weight: inherit; font-style: inherit; font-family: inherit; vertical-align: baseline; float: left;"><dt class="hiddenVisually" style="margin: 0px; padding: 0px; border: none; font-weight: inherit; font-style: inherit; font-family: inherit; vertical-align: baseline; position: absolute; clip: rect(1px 1px 1px 1px); height: 1px; width: 1px; overflow: hidden;">Date</dt><dd class="updated dtstamp" style="margin: 0px 0px 0.5em; padding: 0px; border: 0px; font-weight: inherit; font-style: inherit; font-size: 0.9em; font-family: inherit; vertical-align: baseline; color: rgb(102, 102, 102);"><time itemprop="datePublished" datetime="February 25, 2014">February 25, 2014</time></dd></dl>

SingTel's Chua Sock Koong. Photo: Bloomberg​

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SingTel chief executive Chua Sock Koong has called on regulators to give carriers like Optus the right to charge rivals WhatsApp and Skype for use of their networks or risk a major decline in network investment.
Ms Chua praised Australia's regulatory market at the Mobile World Congress event in Barcelona as one of the few countries in the world to allow a foreign player to have total ownership of a telco provider.

The main problem we have as an industry is we have been unable to monetise this increased demand
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SingTel owns Optus, which is Australia's second largest provider of telecommunications services. It invested almost $1 billion during financial year 2013 in its fixed line and mobile networks.
But the CEO warned such investments would be slashed unless regulators allowed them to start charging over-the-top (OTT) rivals like WhatsApp for using their networks.

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WhatsApp was bought by Facebook last week for $US19 billion and provides free messaging services to its 450 million users. The rise of companies like it have helped cut revenues from phone calls and text messaging at traditional carriers.
"The main problem we have as an industry is we have been unable to monetise this increased demand ... and [average revenue per user] has fallen over time," she said. "I think the pace of change in our industry is relentless so clearly we can't afford to stand still.
"If we are not careful we could stand the risk of being totally disintermediated."
She called on regulators to allow carriers to detect and charge OTT players when their services were being provided over the network. While Telstra has experimented with such moves, the Australian Competition and Consumer Commission considers it to be anti-competitive.
But Ms Chua ssaid the solution was not to simply levy companies like WhatsApp but to become their partners.
"Our ambition must be to become the preferred network partners of customers and OTT players," she said. "We must create sustainable revenue models."
Her comments echoed those of Optus head of networks Vic McClelland who told The Australian Financial Review earlier this year the company was working to provide priority services at a cost for customers wanting better access to streaming video services like YouTube.
The author travelled to Mobile World Congress courtesy of Huawei



Read more: http://www.smh.com.au/business/sing...nd-whatsapp-20140225-33dmb.html#ixzz2uZhAlBbe

 

[LITTLEREDDOT]

SingTel fail to innovate, and when others like Skype and Whatsapp innovate, SingTel want a share of the pie by charging these innovators. This is effectively a tax or tariff.

This is the problem with PAP and SG govt: they are basically making money from rent (charging for the right to use a controlled item): COE, ERP, petrol tax, cigarette tax, HDB 'subsidy', public transport, telecommunications, port etc).

The PAP and govt do not innovate, but they will want a share of the $$$ when they see others making so much money.

 

[Yingge]

SingTel fail to innovate, and when others like Skype and Whatsapp innovate, SingTel want a share of the pie by charging these innovators. This is effectively a tax or tariff.

This is the problem with PAP and SG govt: they are basically making money from rent (charging for the right to use a controlled item): COE, ERP, petrol tax, cigarette tax, HDB 'subsidy', public transport, telecommunications, port etc).

The PAP and govt do not innovate, but they will want a share of the $$$ when they see others making so much money.

You are right... M1, Starhub, Maxi, U-mobile, T-mobile ext... all the CEO need to step down too??? Or again, you feel that you own Singtel???

 

[KuanTi01]

You are right... M1, Starhub, Maxi, U-mobile, T-mobile ext... all the CEO need to step down too??? Or again, you feel that you own Singtel???

I think you hit the nail squarely. The head is growing too big! So is her ego.

 

[Equalisation]

Elementary Watson, it is a case of the kissing cousins ....:o

 

[laksaboy]

Someone or some other telco should come up with a pure data plan e.g. 10Gb per month, no mobile phone line, no bundled SMS, no contract (no early termination charges, you can terminate anytime by informing one month in advance). Price it competitively and teach Singtel a hard lesson on 'hardware reinvestment'.

 

[hurley]

OPTUS boss Kevin Russell has resigned from the nation’s No. 2 telco after only two years in the role.

Sources indicated that Mr Russell decided to step down from Optus because he found the oversight of the telco’s Singaporean parent, SingTel, too onerous.

“He just found the reporting methods to SingTel were too controlling. It was like he was only CEO in name, but because SingTel tries to tightly control so much of Optus operations it was more like he was a chief sales or operating officer,” said one source with knowledge of the matter.

http://m.theaustralian.com.au/busin...gs-up-on-singtel/story-fn91v9q3-1226839397022

 

[hurley]

dont give them ideas. they might start a COE for owning smart phones...

SingTel fail to innovate, and when others like Skype and Whatsapp innovate, SingTel want a share of the pie by charging these innovators. This is effectively a tax or tariff.

This is the problem with PAP and SG govt: they are basically making money from rent (charging for the right to use a controlled item): COE, ERP, petrol tax, cigarette tax, HDB 'subsidy', public transport, telecommunications, port etc).

The PAP and govt do not innovate, but they will want a share of the $$$ when they see others making so much money.

 

[Ash007]

I wish that was true. Unfortunately, I doubt any telcos can see that far ahead. Most telcos thinks that Voice, Messaging, Data should be priced differently as its "different" services they provide. In this new, coming age of converging technology they all go through the same "infrastructure". They are wrong to think that they haven't gotten a "cut", they have already gotten their piece of the pie by the data stream. They just think that it should be priced differently because its "messaging".

Someone or some other telco should come up with a pure data plan e.g. 10Gb per month, no mobile phone line, no bundled SMS, no contract (no early termination charges, you can terminate anytime by informing one month in advance). Price it competitively and teach Singtel a hard lesson on 'hardware reinvestment'.

 

[congo9]

It certainly reminds me of 2 great personality. They are Telsa and Thomas Edison.

Telsa think of ways to charge people for using electricity. He comes in the form of our highly paid CEO. He is a business man. Cunning and slimy. He is never known to be a innovator and inventor. He is know to be petty and only cared for his own pockets.

Come next, we have Thomas Edison. He is a great innovator. He thinks of man's future and the quality of life one can enjoys. He invented the electricity and the use of it.

So, do not blame her. She is just a CEO trying ways to justify her huge pay packet.

 

[laksaboy]

It certainly reminds me of 2 great personality. They are Telsa and Thomas Edison.

Telsa think of ways to charge people for using electricity. He comes in the form of our highly paid CEO. He is a business man. Cunning and slimy. He is never known to be a innovator and inventor. He is know to be petty and only cared for his own pockets.

Come next, we have Thomas Edison. He is a great innovator. He thinks of man's future and the quality of life one can enjoys. He invented the electricity and the use of it.

So, do not blame her. She is just a CEO trying ways to justify her huge pay packet.

You should read more. Tesla never wanted to charge people for electricity. However, the wealthy and powerful people who funded his research had different ideas.

That's why Tesla died a lonely and broke man.

 

[Scrooball (clone)]

Comparing tesla to sinktel ceo is like comparing gold to shit

 

[congo9]

You should read more. Tesla never wanted to charge people for electricity. However, the wealthy and powerful people who funded his research had different ideas.

That's why Tesla died a lonely and broke man.

That why l like to come to this forum. I am mixing with all the learned man.


http://inventors.about.com/od/tstartinventions/a/Nikola_Tesla.htm

 

[winnipegjets]

You are right... M1, Starhub, Maxi, U-mobile, T-mobile ext... all the CEO need to step down too??? Or again, you feel that you own Singtel???

Singtel CEO says she can't monetize the demand ...and BEGS the aussie government for help. If a millionaire CEO says she can't do the job publicly, of course, she should be fired.

 

[ChenHaoNan]

With this type of pay .... die die won't step down

 

[GoldenDragon]

With this type of pay .... die die won't step down

Even half her pay beat die wont run.

 

[eatshitndie]

is she bends down, there'll be no takers. so she must straddle up. :o

 

[Rogue Trader]

The truth is the market size in sinkapore is too small for telcos to be profitable in the medium/long term. Telcos and industry players (like the hardware and infrastructure makers) keep making technology obsolete within 2 years so that consumers have to keep spending to keep up.

The end game will come when there's no more demand for increased connection speed and capacity. And that day is almost here for sinkapore.

After optic fibre and 4g, what's next? maybe IDA will liberialise satellite TV to create a new market for Starhub and Singtel

 

[johnny333]

With this type of pay .... die die won't step down

Read that this Chua Cock Khoon is related to Spore's royalty. Therefore not too surprising that she managed to get promoted to the top position of a famiLee business.

With all the perks of the familee e.g. million $ pay package, job security, skive benefits,.... why would anyone want to give up such a cushy job

 

[laksaboy]

The truth is the market size in sinkapore is too small for telcos to be profitable in the medium/long term. Telcos and industry players (like the hardware and infrastructure makers) keep making technology obsolete within 2 years so that consumers have to keep spending to keep up.

The end game will come when there's no more demand for increased connection speed and capacity. And that day is almost here for sinkapore.

After optic fibre and 4g, what's next? maybe IDA will liberialise satellite TV to create a new market for Starhub and Singtel

I remember Virgin Mobile came to Singapore, then got squeezed out by the GLC telcos.

Even billionaire Sir Richard Branson could not fight the Leegime's business interests, how can the lesser mortals fight? :*: