The Infocomm Development Authority of Singapore (IDA) has today received a total of three Initial Offers and accompanying Bank Guarantees, submitted from the existing mobile operators1. The Initial Offers confirm the bidders' commitment to participate in the auction, including the specific number...
Singapore, 24 August 2001 | For Immediate Release
The Infocomm Development Authority of Singapore (IDA) has today received a total of three Initial Offers and accompanying Bank Guarantees, submitted from the existing mobile operators1. The Initial Offers confirm the bidders' commitment to participate in the auction, including the specific number of 2G spectrum slots each bidder is interested to obtain.
The parties who submitted Initial Offers to IDA are:
(a) MobileOne (Asia) Pte Ltd;
(b) Singapore Telecom Mobile Pte Ltd; and
(c) StarHub Mobile Pte Ltd.
IDA will review the submitted Initial Offers and Bank Guarantees for compliance with the requirements set out in IDA's Auction Rules. IDA intends to announce by 29 August 2001 whether the 2G Spectrum Rights auction will take place.
ISSUED BY CORPORATE COMMUNICATION DIVISION
INFOCOMM DEVELOPMENT AUTHORITY OF SINGAPORE
Notes to Editor:
1 Only existing holders of Facilities Based Operator (FBO) licences, which are currently licensed to offer Public Cellular Mobile Telephone Services (PCMTS) and/or Third Generation (3G) mobile communication services in Singapore, are permitted to participate in Singapore's 2G Spectrum Rights auction.
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 Dulcie Chan
Senior Manager, Corporate Communication
Infocomm Development Authority of Singapore
Tel: +65 211-1999
Fax: +65 211-2227
Email: dulcie_chan@imda.gov.sg
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