TPG is set to become a Singapore mobile carrier. The Australian telco announced today that it had successfully picked up spectrum in an auction staged by Singapore’s Infocomm Media Development Authority (IMDA).
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TPG could potentially pick up a significant chunk of spectrum in the 700MHz band, boosting its ability to roll out a 4G mobile network, under rules set by the government for an upcoming auction.
TPG says it welcomes a decision by the government to ditch previously mooted plans to sell spectrum in the 700MHz band to Vodafone Hutchison Australia.
The government will hold a new auction for 2x15MHz of spectrum in the 700MHz band that remained unsold after the 2013 Digital Dividend auction.
TPG ended its financial year with 119,000 customers on the National Broadband Network — a figure that grows to 276,000 when the contribution from iiNet, which TPG acquired last year, is factored in.
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