Game on: MyRepublic and TPG lock horns for the fourth telco spot

AirYotta is now out of the game.

The Infocomm Media Development Authority (IMDA) has announced that MyRepublic Limited and TPG Telecom Pte. Ltd will be participating in the New Entrant Spectrum Auction (NESA). This is the first of a two-stage process to auction spectrum for International Mobile Telecommunications (IMT) and IMT-Advanced services.

The two will bid for 60 MHz of spectrum from the 900 MHz and 2.3 GHz bands. The winner of the auction will become Singapore's fourth mobile network operator.

The announcement came after a review of the three sets of Expression of Interest (EOI) documents submitted in September this year. IMDA said airYotta did not fully meet the said requirements and will not be participating in the NESA.

MyRepublic said this is an exciting news as the group is a step away to becoming Singapore's fourth telco wth the support of over 80,000 people..

"The response has been heartening and we remain committed to bringing Singapore a truly fixed-mobile converged offering, including generous data, seamless coverage and support for the massive potential of the Internet of Things (IoT)," MyRepublic said.

As of now, TPG and airYotta has not released any statement.