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IMDA raises S$1.14b from spectrum auction

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Acknowledging that the spectrum came "at a significantly higher cost than previous auctions", Tan Tong Hai, StarHub's CEO, said: "We are pleased to have secured the spectrum needed to deliver quality mobile services to our customers and to facilitate our roadmap towards 5G."

Singapore

THE Info-communications Media Development Authority (IMDA) on Tuesday concluded the first stage of the latest round of General Spectrum Auction (GSA) for Singapore telcos, raising a total of S$1.14 billion by provisioning 175 MHz of spectrum among the four telcos, including the

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