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By 2019, due to the introduction of TPG and 9 MVNO entrants to the market, thus turning the market to be more competitive, the price of mobile plans had fallen. [ 10 ] As of January 2018, there are four cellular phone operators in Singapore serving more than 6.4 million cellular phones.
In 2014, MyRepublic announced its interest in being Singapore's 4th telco, [43] after Singtel, StarHub, and M1, promising to introduce unlimited mobile data plans as a telco. In April 2015, MyRepublic announced plans to hold a mobility trial in Jurong Lake District [ 44 ] in the second half of 2015 as part of the Government's trial of HetNet ...
In July 2015, [18] Circles.Life's parent company, Liberty Wireless Pte Ltd, signed an agreement with M1 Limited to deliver voice, messaging, and data services as an MVNO using M1's mobile network, which has 4G+ outdoor coverage of 99.92% of Singapore. [19] The company's offering launched to the public in June 2016. [20]
Mobile Virtual Network Operators (MVNOs) 1 Onic (Ufone MVNO) [135] 410 / 03 2G: 900 MHz 3G: 900 MHz 4G: 1800 (B3) / 2100 (B1) MHz (LTE/LTE-A) VoLTE; N/A Ufone: 2 ROX (Jazz MVNO) 410 / 01 410 / 07 2G: 900 MHz 4G: 900 (B8) / 1800 (B3) / 2100 (B1) MHz (LTE/LTE-A) VoLTE; VoWiFi; N/A Jazz: AJK and Gilgit-Baltistan; 1 SCO
M1 entered into an agreement in July 2015 to host the postpaid mobile virtual network operator (MVNO), Liberty Wireless, on its network under the brand name Circles Asia. [40] In April 2017, M1's 2G network (along with all other 2G networks in Singapore) was shut down. [41]
On 14 December 2016, it was announced that TPG had secured the fourth telecommunications license in Singapore for S$105 million (A$122 million). [3] The reserve price was only S$35 million, and TPG Singapore paid three times the minimum that was asked for by the Singapore authorities.
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Singtel is also the second-largest company by market capitalisation listed on the Singapore Exchange [11] and is majority owned by Temasek Holdings, the investment arm of the Singapore government. Singtel is an active investor in innovation companies through its Singtel Innov8 subsidiary, founded in 2011 with S$200 million start up capital.