Singapore Issues 5G Licenses
Singapore is forging ahead with its vision to have a world-class, secure, and resilient 5G infrastructure that will be the backbone of its digital economy.
In 2020, the Singapore government announced the final award of two 5G licenses to Singtel and to Joint-Venture Consortium, a JV between Starhub and M1. The two licensees are required to roll out 5G standalone network by 2021, provide coverage for at least half of Singapore by end-2022, and complete nationwide deployment by 2025. The two winning licensees announced that they will work with key vendors: Ericsson (Singtel) and Nokia (Joint-Venture Consortium). TPG Telecom did not win the nationwide 5G licence, but will be allowed to operate smaller 5G networks that provide spot coverage using airwaves that are in abundance.
In January 2021, the Singapore government Infocomm Media Development Authority (IMDA) announced it would provide an additional S$30 million (US$22 million) of funding to help accelerate the adoption and commercialization of 5G solutions in the country. IMDA launched its 5G Innovation Program in 2019 that funded seven use-cases in cloud gaming, urban mobility, smart estates, industry 4.0, and maritime operations. More information can be found here.
There are excellent opportunities for U.S vendors to participate and work with telecommunication operators in Singapore to supply 5G solutions to customers in the country.
For more information contact Office.Singapore@trade.gov.