The Infocomm Development Authority of Singapore (IDA) today conducted an opening bidding session for special 4-digit access codes1 used in the provision of international telecommunication services. The bidding session was conducted and witnessed by IDA's external auditor, PriceWaterhouseCoopers...Singapore, 5 May 2000 | For Immediate Release
The Infocomm Development Authority of Singapore (IDA) today conducted an opening bidding session for special 4-digit access codes1 used in the provision of international telecommunication services. The bidding session was conducted and witnessed by IDA's external auditor, PriceWaterhouseCoopers.
A total of 11 licensees participated in this morning's bidding session for 15xx-level access codes. The group comprised 8 Service-based Operators (SBOs) and 3 Facilities-based Operators (FBOs). Out of the 12 access codes available for bidding, 7 were acquired. The bidding price started at $50,000 and the highest bid price recorded was $77,900 for the access code '1515'. The total bid amount received for the 7 access codes was $457,600. The successful bidders and the corresponding bid prices and access codes are listed below.
The purpose for conducting this open bidding session is to ensure fairness and transparency in the allocation of the access codes. By bidding for the access code of their choice, the licensees are given the opportunity to determine the value of each access code.
|Results of Bidding Session for 4-digit Access Code|
|Access Code||Final Bid Price||Successful Bidder|
||Pinnz Networks Pte Ltd|
||MCI WorldCom Asia Pte Ltd|
||I2U Pte Ltd|
||Circle Dot Com(S) Pte Ltd|
||Charlecote Enterprise Pte Ltd|
||Wherever.net Singapore Pte Ltd|
INFOCOMM DEVELOPMENT AUTHORITY OF SINGAPORE
Note to Editor:
1 When calling overseas, a 4-digit access code is dialled before entering the telephone number of the party overseas. This allows the telecommunication service provider to connect the call to the switch of a public basic telecommunication operator (i.e. SingTel or StarHub) for onward transmission to the overseas destination.
About Infocomm Development Authority of Singapore
The Infocomm Development Authority of Singapore (IDA) is a dynamic organisation with an integrated perspective to developing, promoting and regulating info-communications in Singapore. In the fast-changing and converging spheres of telecommunications, information and media technologies, IDA will be the catalyst for change and growth in Singapore's evolution into a vibrant global info-communications technology centre. For more information, please visit www.imda.gov.sg.
For media clarification, please contact:
Ms Jennifer Toh
Assistant Manager, Corporate Communication
Infocomm Development Authority of Singapore
Tel: (65) 6211-0508
Fax: (65) 6211-2227