And Singapore's next telco is...TPG Telecom

It will now lock horns in a spectrum auction against Singtel, StarHub, and M1.

The spotlight now shines on TPG Telecom after it beat MyRepublic in the bid to become Singapore's next telco.

The Info-communications Media Development announced that TPG made the winning $105m bid in the New Entrant Spectrum Auction. It will be allocated 60MHz spectrum made available in NESA, comprising 20 MHz in the 900 MHz spectrum band and 40 MHz in the 2.3 GHz spectrum band to provide International Mobile Telecommunications (IMT) and IMT-Advanced services(e.g. 4G services).

The new spectrum rights are expected to commence on 1 April 2017.

"TPG will be required to utilise the allocated spectrum to provide nationwide street level coverage for 4G within 18 months from the start of the new spectrum rights; road tunnels and in-building service coverage within 30 months from the start of the new spectrum rights; and coverage for MRT underground stations/lines within 54 months from the start of the new spectrum rights," IMDA said in a statement.

TPG will then lock horns with M1, Singtel, and StarHub in the General Spectrum Auction, which will commence in the first quarter next year.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Top News

CICT completes acquisition of Paragon
The trust fully utilised the $750m raised through its private placement to help finance the deal.
Markets
iWOW completes acquisition of The Gentle Group
The target company has become a wholly owned subsidiary following the completion of the deal on 1 July.
Markets
NIO deliveries jump 63% in June
The electric vehicle maker delivered 107,658 vehicles in the second quarter, up 49.4% YoY.