{
    "success": true,
    "data": {
        "id": 1298272,
        "msgid": "spore-to-auction-3g-licenses-1447893297",
        "date": "2000-10-21 00:00:00",
        "title": "S'pore to auction 3G licenses",
        "author": null,
        "source": "DJ",
        "tags": null,
        "topic": null,
        "summary": "S'pore to auction 3G licenses SINGAPORE (Dow Jones): Singapore will issue up to four third- generation mobile licenses through an auction that will be held in February 2001, the Infocomm Development Authority of Singapore said Friday. The number of licenses to be issued is within market expectations, but the method isn't. Analysts had expected Singapore to use a combination of an auction and a beauty contest to determine the winners.",
        "content": "<p>S'pore to auction 3G licenses<\/p>\n<p>SINGAPORE (Dow Jones): Singapore will issue up to four third-<br>\ngeneration mobile licenses through an auction that will be held<br>\nin February 2001, the Infocomm Development Authority of Singapore<br>\nsaid Friday.<\/p>\n<p>The number of licenses to be issued is within market<br>\nexpectations, but the method isn't. Analysts had expected<br>\nSingapore to use a combination of an auction and a beauty contest<br>\nto determine the winners.<\/p>\n<p>The government said it decided to use only the auction method<br>\nin which the bidders will determine the cost of the 3G spectrum<br>\nas it allows the market to allocate scarce spectrum to the<br>\nhighest bidder.<\/p>\n<p>The government also set the initial bidding price at S$150<br>\nmillion (US$85 million), the IDA said.<\/p>\n<p>Tjandra Kartika, a telecommunications analyst at G.K. Goh<br>\nSecurities in Singapore, said he was surprised that the IDA is<br>\nusing the bidding process to issue the licenses and said the<br>\nprocess will \"make it more expensive\" for the companies bidding.<\/p>\n<p>The third generation mobile phone technology allows the<br>\nconvergence of voice, video and data onto one platform.<\/p>\n<p>Singapore has about two million mobile phone users in a<br>\npopulation of about 4 million.<\/p>\n<p>Analysts said they also expect at least three of the licenses<br>\nwill go to the three incumbent mobile phone operators, while the<br>\nfourth may either go to a foreign company or a new local<br>\noperator.<\/p>\n<p>Singapore Telecommunications Ltd., MobileOne Pte. Ltd. and<br>\nStarHub Pte Ltd. are the three local companies that offer mobile<br>\nphone services in Singapore.<\/p>\n<p>MobileOne's shareholders include Keppel Telecommunications &amp;<br>\nTransportation Ltd., Singapore Press Holdings Ltd. and Pacific<br>\nCentury CyberWorks Ltd..<\/p>\n<p>StarHub, the latest entrant, counts government-controlled<br>\nSingapore Technologies Ltd., Singapore Power Ltd., Nippon<br>\nTelephone &amp; Telegraph Ltd. (NTT) and British Telecommunications<br>\nPLC among its shareholders.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/spore-to-auction-3g-licenses-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}