Dubai - New Singapore in Making??

Dubai and Singapore, one is upcoming business hub while latter is established business hub of Asia Pacific belt. Been there to both Singapore and Dubai, I feel these two cities do have some common synergies. Singapore has its unique and very positive story behind its success. It grew up to become business hub when Asia was just opening up and growing to industrial change. Dubai too has moved up from just Middle East transition to becoming regional hub when Middle East is opening up ffrom traditional "Oil" image. Today you can see MNCs setting up their offices, tourists attractions etc etc. But how about the way forward - Singapore has developed its model...Dubai still trying to figure out. With exponential growth, Dubai is now struggling with what is called City Planning and Infrastructure. Wide roads were good to manage tourists, but business requires more than that. Kilometres long traffic is common thing in Dubai nowadays and people end up travelling for 2 hours on an average in long traffice jams. With cheap oil, car is not a luxury in Dubai. Cost of living has been growing very fast, with just renting an apartment has gone 8-10 times higher. Weather is one another factor along with infrastructure. Dubai is still cashing on development which was done a decade ago. Wide roads of that time is not able to take load now and Airport traffic too is seeing fast growth. Added to it is strike by cab drivers. Cab drivers are very crucial since many people depends on taxis for their daily work.
Dubai really has shortage of taxis. On an average you might end up waiting for an hour during peak hours to find a taxi. I very well remember that day when I walked around 2-3kms for close to 90minutes looking for a single taxi in Bur Dubai at 9am. Result- I ended up late for a meeting. Singapore on other hand has real efficient taxi services, with all GPS systems. I rarely faced any problems with Taxi services during my stay in Sgpr.

Pic- Me stuck up in Dubai traffic jam :(

Singapore on other hand has high execution expertise. Changi airport is one world-class airport and caters to connecting flights to western regions, experience ofcourse is unmatched with that of Dubai counterpart. Sgpr has strict car laws with high excise duties and one car/family law. Added to that they have metro running across singapore along with efficient public transport and cab services. This eases traffic woes to an extent. Traffic jams are there but during rush hours/ 2 hours bracket only and thats a common scenario even in US. Weather too is good throughout the year. Singapor in true sense is cosmopolitan city.

Telcos growing across boundaries

Where will be next billion subscribers coming from?

As an execution step towards the answer, telcos are all set with cross boundaries growth.

AT&T, one of the early entrant in Indian market made a decent profit of around $250mn after selling its stake in Idea back in early millenium. Thats a different story that current value of same stake is more than $2billion.

AT&T is standing right there waiting for its chance to enter Indian market again. Phenomenon of strong Indian telecom story is definately attracting major player across geography.
The reason is beyond just putting its dot in emerging market map. It is about getting balance sheet strong by matching up slow growth in current geography with fast emerging market for players in saturated market.For emerging market player, it is more to quench their thirst for larger play and ambitious plans.
With Middle east too witnessing fast growth in telecom sector after recent liberisation by the government, players in those region have realised the importance of moving out from reginal shell and spread its business in similar markets.
Etisilat recently confirmed its plan to enter Indian market through an Indian player, it is already in talks with Spice Communications, Datacom to name a few.
Also, there has been lot of unseen synergy which players like MTN and Reliance are working on, after Bharti opted out of race for MTN.

Similarly, players in middle east are actively working on buying stake in Indian wireless players and new greenfield players. This reaction from Middle east players came into picture after Vodafone's strategic acquisition of Hutch India to get emerging market as part of its growth plan. Major players like MTN, Qatar Telecom , Etisilat are all eyeing pie in Indian market since their hoem market will soon start witnessing lot of comeptition from new players. It becomes very important to open international strategy to make sure revenue dependency is not region focused.
Interest developed by middle east players in India and vice versa has opened one more dimension of growing business attractions between middle east and India for telecom landscape. This is an exciting step since it was not predicted or talked about option.
Major telco like Bharti and Reliance have been trying continously to enter Middle east market. They have been trying by bidding for licences but in vain. So now, they see ruote through mergers and acquisition as the best way to spread their expansion plans.
With western players actively eyeing Indian market, middle east players working aggresively to move out from regional shell and Indian players working on their global expansion plans, Telecom landscape is clearly geting more eventful and exciting.