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StarHub and M1 to submit joint bid for ultra-fast 5G network licence

SINGAPORE — Local telcos StarHub and M1 on Thursday (Jan 23) became the first to throw their hat into the ring in a joint bid for a licence for the upcoming ultra-fast 5G networks, more than three weeks before applications close.

StarHub and M1 to submit joint bid for ultra-fast 5G network licence

M1 chief executive officer Manjot Singh Mann (left) and StarHub CEO Peter Kaliaropoulos at the signing of their deal to bid together for a 5G network licence.

SINGAPORE — Local telcos StarHub and M1 on Thursday (Jan 23) became the first to throw their hat into the ring in a joint bid for a licence for the upcoming ultra-fast 5G networks, more than three weeks before applications close.

In a joint media statement, the two firms said that they have signed an exclusive agreement and are working towards the closing date to submit their 5G proposals.

The closing date is Feb 17, 2020, an extension from the original deadline of Jan 21 to give operators more time to submit their proposals.

Plans for rolling out fifth-generation (5G) networks throughout Singapore in 2020 gained momentum when the Infocomm Media Development Authority called for feedback in May 2019.

News of the expanded 5G trials were unveiled in October by Communications and Information Minister S Iswaran as Singapore presses ahead with networks that are said to offer surfing speeds up to 20 times faster than current 4G technology.

He also added that at least half of Singapore will have 5G coverage by the end of 2022 and that IMDA will allocate up to four 5G networks for mobile network operators, instead of the two originally planned.

5G has been touted as the next big leap forward in mobile and wireless communications, promising ultra-high speeds and unparalleled connectivity.

5G networks could eventually open up the so-called Internet of Things (IoT), where many devices are connected — robots, cars, fridges — to almost any device. The networks are also seen as a vital cog in the push to develop “smart cities”.

Countries worldwide are racing to build 5G networks to exploit these vast opportunities. 5G networks are expensive to build but Singapore is aiming for standalone, brand new 5G networks — unlike some countries which aim to piggyback 5G networks on the older, slower 4G networks.

 

Related topics

M1 StarHub 5G IMDA

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