Singapore to issue four 3G licenses in auction
Singapore''s government will auction four 3G licenses to mobile phone companies, enough to enable the island-state''s three incumbent operators and one newcomer to bid.
The Singapore Government announced it will auction four third-generation (3G) licenses to mobile phone operators. That gives the city-state's three existing operators - Singapore Telecommunications, MobileOne Asia, and StarHub Mobile – the opportunity to bid, along with one newcomer. The minimum price for the licenses will be S$150 million. Global operators such as Deutsche Telekom and France Telecom as well as Hong Kong-based Hutchison Whampoa could be interested in bidding for a Si…
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