Home / Networking / TPG spends SG$23.8m on more Singapore mobile broadband spectrum

TPG spends SG$23.8m on more Singapore mobile broadband spectrum

Australian telecommunications provider TPG has announced spending a further SG$23.8 million on acquiring more mobile broadband spectrum in the Singaporean market, winning 2x 5MHz in the 2.5GHz band during the general spectrum auction this week.

“We are very satisfied with the allocation obtained in the new entrant spectrum auction, and are now very pleased to have successfully taken the opportunity to add to our portfolio of spectrum assets in Singapore,” TPG CEO David Teoh said in a statement to the Australian Securities Exchange.

“The additional 10MHz of spectrum will enable us to further enhance the value of the services we plan to offer to Singapore consumers.”

During the general spectrum auction, Singapore’s Info-communications Media Development Authority (IMDA) also allocated 4x 10MHz in the 700MHz band, 2x 10MHz in the 900MHz band, and 3x 5MHz in the 2.5GHz band to Singtel for SG$563.7 million; 3x 10MHz in the 700MHz band, 1x 10MHz in the 900MHz band, and 4x 5MHz in the 2.5GHz band to StarHub for SG$349.6 million; and 2x 10MHz in the 700MHz band and 1x 10MHz in the 900MHz band to M1 for SG$208 million.

“The strong interest in the radio spectrum is testament to the mobile network operators’ confidence in the mobile market moving forward,” IMDA CEO Tan Kiat How said.

“Increasingly, high-speed mobile services will be critical in delivering the next-generation suite of digital services and products to realise Singapore’s digital future. Similar to past spectrum auction proceeds, IMDA plans to reinvest the monies received to help our infocomm media companies and workforce develop their capabilities, strengthen digital infrastructure, and ready themselves for the digital economy.”

The purchase price is due this month, with the carriers able to use the spectrum to enhance their mobile networks from July. The IMDA has yet to allocate the specific spectrum bands to each winner.


(Image: Screenshot by Corinne Reichert/ZDNet)

TPG said the new spectrum allocated would complement the spectrum it acquired during the new entrant auction at the end of last year, when it was successful in procuring 2x 5MHz in the 900MHz spectrum band and 8x 5MHz in the 2.3GHz spectrum band for a total of SG$105 million — far above the SG$35 million reserve price.

The spectrum buy will allow TPG to become the fourth provider in the Singaporean mobile market alongside Singtel, Starhub, and M1.

TPG last month predicted a capital expenditure spend of between SG$200 million and SG$300 million for the rollout of its Singaporean mobile network.

“TPG was the successful bidder in the New Entrant Spectrum Auction in December 2016,” the telco said during its financial results presentation.

“Recruitment and network planning activities progressing well. Anticipated network rollout capital expenditure: SG$200-300 million.”

TPG added that in the three months since winning the spectrum auction, it has made a “strong start to its mobile network rollout”.

TPG is also currently fighting to become Australia’s fourth mobile telecommunications provider alongside Telstra, Optus, and Vodafone Australia via the acquisition of the remaining 700MHz mobile broadband spectrum during the ACMA’s auction this month.

The Australian mobile broadband spectrum will be auctioned off in two lots: One lot of 2x 10MHz in the 738-748MHz frequency range paired with 793-803MHz; and one lot of 2x 5MHz in the 733-738MHz paired with 788-793MHz, with bids starting at AU$571.8 million and AU$285.9 million, respectively.

TPG has previously denied reports that it is similarly considering entering the New Zealand mobile market via an acquisition of New Zealand’s third-largest mobile telco, 2degrees, however.

Source link

About admin

Check Also


Anti-net neutrality spammers are flooding FCC's pages with fake comments

(Image: file photo) A bot is thought to be behind the posting of thousands of ...


  1. I’m not that much of a internet reader to be honest but your blogs
    really nice, keep it up! I’ll go ahead and bookmark your site to come back later.

    Many thanks

  2. I just want to mention I am just all new to weblog and truly enjoyed your web site. Most likely I’m want to bookmark your website . You certainly have impressive writings. Many thanks for sharing your website page.

  3. I merely have to inform you that I am new to online blogging and totally cherished your work. Probably I am inclined to save your blog post . You truly have memorable article content. Appreciate it for swapping with us your very own site information

  4. It is actually a great and useful piece of information. I am satisfied that you shared this useful info with us. Please stay us up to date like this. Thanks for sharing.

  5. Clean Services NorthWest is your best portland window cleaning company in Oregon. They provide the best portland window cleaners with reasonable prices for their portland window washing and portland residential window cleaning. All their portland window washers are well trained for window cleaning portland cleaning services. Contact them for a list of window cleaning in portland oregon for your residential or commercial needs. Address: 8910 SE Fuller Rd, Happy Valley, OR 97086, USA , +1 503-762-5915

  6. I merely wish to tell you that I am new to blog posting and undeniably enjoyed your website. Most likely I am probably to save your blog post . You absolutely have wonderful article material. Be Thankful For it for expressing with us your current website report

  7. I truly wanted to jot down a brief note in order to thank you for the unique points you are giving out here. My extensive internet look up has at the end been rewarded with useful facts and techniques to talk about with my visitors. I would point out that we readers are truly lucky to be in a wonderful community with very many lovely people with useful suggestions. I feel very much blessed to have used your website and look forward to really more amazing moments reading here. Thank you once again for all the details.

  8. I haven¡¦t checked in here for some time because I thought it was getting boring, but the last several posts are good quality so I guess I will add you back to my daily bloglist. You deserve it my friend :)

  9. Wow! This can be one particular of the most helpful blogs We’ve ever arrive across on this subject. Actually Great. I’m also a specialist in this topic so I can understand your effort.

  10. Faytech specializes in the design, development, manufacturing and marketing of Capacitive touch screen, Resistive touch screen, Industrial touch screen, IP65 touch screen, touchscreen monitors and integrated touchscreen PCs. Contact us at http://www.faytech.us, 121 Varick Street,3rd Floor,New York, NY 10013,+1 646 205 3214

  11. hello!,I really like your writing so much! percentage we keep up a correspondence more approximately your post on AOL? I require a specialist on this area to solve my problem. May be that is you! Having a look forward to peer you.

  12. MetroClick specializes in building completely interactive products like Photo Booth for rental or sale, Touch Screen Kiosks and Digital Signage, and experiences. With our own hardware production facility and in-house software development teams, we are able to achieve the highest level of customization and versatility for Photo Booths, Touch Screen Kiosks and Digital Signage. MetroClick, 121 Varick St, #301, New York, NY 10013, +1 646-843-0888

  13. Great blog right here! Additionally your site lots up very fast! What web host are you using? Can I get your associate link in your host? I desire my website loaded up as quickly as yours lol

  14. I’m so happy to read this. This is the type of manual that needs to be given and not the accidental misinformation that’s at the other blogs. Appreciate your sharing this greatest doc.

  15. Awsome info and straight to the point. I am not sure if this is truly the best place to ask but do you people have any thoughts on where to get some professional writers? Thank you :)

  16. You actually make it seem really easy together with your presentation but I find this matter to be actually one thing that I believe I might never understand. It sort of feels too complicated and very vast for me. I am taking a look ahead to your subsequent put up, I will attempt to get the hang of it!

  17. I like what you guys are up also. Such intelligent work and reporting! Carry on the superb works guys I have incorporated you guys to my blogroll. I think it will improve the value of my site :)

  18. I simply wish to advise you that I am new to blog posting and completely cherished your website. Most likely I am likely to save your blog post . You really have great article content. Get Pleasure From it for discussing with us all of your internet site page

  19. It happens to be the best day to generate some goals for the near future. I have read this posting and if I should, I wish to propose you very few remarkable recommendations.

  20. I simply wish to inform you you that I am new to having a blog and certainly admired your site. Very likely I am likely to save your blog post . You definitely have amazing article materials. Love it for expressing with us your web information

  21. I’m more than happy to uncover this web site. I want to to thank you for ones time due to this fantastic read!! I definitely liked every bit of it and i also have you saved as a favorite to see new information in your website.

  22. Wow, incredible blog layout! How long have you ever been running a blog for? you made running a blog look easy. The whole glance of your site is wonderful, let alone the content!

  23. Very interesting information!Perfect just what I was searching for!

  24. Enjoyed looking through this, very good stuff, thanks . “Curiosity killed the cat, but for a while I was a suspect.” by Steven Wright.

  25. I¡¦ve read some excellent stuff here. Certainly price bookmarking for revisiting. I wonder how a lot attempt you put to create the sort of wonderful informative website.

  26. It is perfect time to make some plans for the future and it’s time to be happy. I’ve read this post and if I could I want to suggest you some interesting things or suggestions. Maybe you can write next articles referring to this article. I desire to read even more things about it!

  27. I have been surfing online more than three hours today, yet I never found any interesting article like yours. It’s pretty worth enough for me. In my opinion, if all website owners and bloggers made good content as you did, the internet will be a lot more useful than ever before.

  28. It¡¦s actually a nice and useful piece of info. I¡¦m happy that you just shared this useful info with us. Please keep us up to date like this. Thanks for sharing.

  29. I¡¦ve recently started a site, the info you provide on this site has helped me greatly. Thanks for all of your time & work.

  30. Hello there, I found your website by the use of Google at the same time as looking for a comparable subject, your website came up, it appears good. I have bookmarked it in my google bookmarks.

  31. you are in reality a excellent webmaster. The site loading velocity is amazing. It seems that you are doing any unique trick. Also, The contents are masterpiece. you’ve done a great task in this topic!

  32. I was recommended this blog by my cousin. I’m not sure whether this post is written by him as no one else know such detailed about my trouble. You’re incredible! Thanks!

  33. It is really a great and useful piece of information. I am satisfied that you simply shared this useful info with us. Please keep us informed like this. Thank you for sharing.

  34. Hello, you used to write wonderful, but the last several posts have been kinda boring¡K I miss your great writings. Past several posts are just a little bit out of track! come on!

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>