1 These figures include both enterprise and consumer mobile customers.
We are the market leader in Singapore. Our business continues to grow even as our industry becomes more challenging. We are facing intensifying competition and, at the same time, customers are constantly wanting more and seeking better value.
Our strategy is to differentiate ourselves with superior networks, customer experience and home bundling plans. We are also using data analytics to better understand our customers' preferences to develop customised experiences for them.
In FY2014, we improved all areas of our business from network coverage, speeds and price plans to customer service, and reported a 4% increase in revenue.
We are the leader with a 47% share of the Singapore mobile market. It is our goal to give our customers the best, seamless internet experience by continuing to invest in our networks.
In mobile networks, we were the first to roll out nationwide dual-band long-term evolution (LTE) or 4G coverage with speeds of up to 150Mbps. Today, our coverage is 97%, with almost 1 million Singtel users enjoying fast speeds.
The superiority of our speeds has been recognised in blind speed tests, where eight out of ten Singaporeans surveyed cited our 4G speeds as being the fastest, as well as in independent tests by HardwareZone and Straits Times Digital Life. Starting from June 2014, we will ramp up 4G speeds to 300Mbps.
We are also enhancing our mobile networks with state-of-the-art Self Organising Networks technology. It automatically detects areas of congestion and immediately reassigns capacity from neighbouring cells that are underused. This way, customers enjoy optimal network performance at all times.
We set in motion an industry shift by introducing new data price plans aimed at encouraging fair use of our networks. Our tiered data mobile plans allow us to keep prices of our services competitive despite rising network and spectrum costs. Our customers have responded positively with more than 50% of our postpaid customers now on tiered plans, and 16% have exceeded their data caps.
In the fibre broadband market, we are undisputedly the leader. We delivered the fastest broadband internet speeds 12 months in a row according to an Infocomm Development Authority of Singapore report, helped by significant investments into overseas bandwidth capacity.
We are lifting customer experience by ensuring every interaction customers have with us is truly satisfying as well as delivering innovative products and services.
As smartphones become more central to our lives, our customers want ready internet access even while travelling abroad, without fear of bill shock. We recognised this need early and launched our DataRoam Saver plan. We have gone one step further with our enhanced Easy DataRoam plan. This automatically registers customers onto roaming data plans and locks their mobile devices onto our partners' network. This way, we deliver a truly worry-free roaming experience.
Customers who connect with us online are supported with more options including web chat and social networking that promise an enhanced interactive experience. We also extended self-service options with the My Singtel app, which allows customers to track their use of mobile data and check their account balances. In Singtel shops, we have also streamlined our processes to shorten transaction time for customers.
Our various initiatives have been recognised. In the 2013 Customer Satisfaction Index of Singapore, Singtel registered significant improvements and was ranked the number one mobile and internet service provider. We have also improved our Net Promoter Score (NPS), which is an indication of customer loyalty as well as their willingness to recommend our services to others.
Our pay TV service, mio TV, is a significant part of our overall consumer strategy, allowing us to offer a full suite of products, including entertainment, on all screens – mobile devices, TVs and computers.
Our strategy has been successful, delivering a 6% increase in household revenue, which bucked the declining industry trend. The number of households on triple and quadruple bundles grew by 21,000 to 368,000.
mio TV's revenue and customer base continued to grow. This was in spite of having to share our Barclays Premier League (BPL) content under the government's cross carriage measures. These measures require pay TV operators to make content deemed to be exclusive available on rival platforms.
To reach a wider group of customers, we introduced new channels on mio TV, including a suite of Disney channels. We also secured the rights to the 2014 World Cup, adding to our extensive sports coverage, which includes the BPL. Our mio TV Go app, a unique differentiator, allows our customers to watch popular channels including BPL on-the-go and use their mobile device as a remote control.
In the fibre broadband market, we are encouraging customers on ADSL to migrate onto fibre to experience faster speeds and better customer experience. Our initiatives are succeeding. We now have more customers on fibre and are the market leader with a 58% market share even as new entrants emerge as a result of the government-initiated Next Generation Nationwide Broadband Network, which has lowered the barriers of entry.
Recognising Singapore's food obsession, we invited celebrity chef Gordon Ramsay to pit his culinary skills against the best food hawkers in the country for the Singtel Hawker Heroes Challenge.
The competition started with a bang as the nation cast their votes online for the top three food hawkers – from a group of 12 – who would take on Chef Ramsay. More than 2.5 million votes were cast over eight days, with the three chosen hawkers garnering approximately 320,000 votes each.
The campaign generated enormous buzz on mainstream and social media, including the nation's most popular blogs. Over 400,000 Singaporeans visited the campaign website over a 17-day period, with over half of them new to Singtel.
On the day of the finals, over 1,000 Singaporeans turned up for a chance to taste Chef Ramsay's take on chicken rice, laksa and chilli crab. Diners were then asked to vote for their preferred version of each dish.
The Singapore hawker heroes narrowly edged out Chef Ramsay by 6% of the total votes in the closely contested battle. In each dish category, Tian Tian Chicken Rice won by 6%, 328 Katong Laksa by 19% while Chef Ramsay's version of chilli crab triumphed by 5% of the votes.
The campaign was a huge success and helped us connect with customers and grow brand affinity. It created warmth and an interaction that complemented our traditional strengths as a trusted and respected brand.