Regulator taking light touch on fast-moving telco sector
IMDA is also keeping an eye on other industry developments, such as the use of data and algorithms
Singapore
CONSOLIDATION is inevitable in the fast-moving telecom sector, says Aileen Chia, director-general of telecoms and post at the Infocomm Media Development Authority (IMDA).
And, while the regulator has taken a light-touch approach to over-the-top (OTT) media players - for now, at least - it is also keeping an eye on other industry developments, such as the use of data and algorithms.
The IMDA's attention is squarely on the issue of competition in the telecom and media industries, amid plans for a joint code to govern both. Its public consultation on the "converged code" was launched in February and will close on May 15 (see amendment note).
Updating Singapore's rules would be a timely move, Ms Chia, the IMDA's deputy chief executive for policy, regulation and co…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Sunak says UK to raise defence spending amid global threats
China’s central bank hints it may add treasury bond trades to policy toolkit
US business activity cools in April; inflation measures mixed
India’s inflation at risk from extreme weather, geopolitical issues: central bank
Thailand to replace military-appointed Senate, reduce its powers
Bankers lose hope of London IPO revival for another year