The Singapore Government announced it will auction four third-generation 3G licenses to mobile phone operators. That gives the city-state's three existing operators - Singapore Telecommunications, MobileOne Asia, and StarHub Mobile the opportunity to bid, along with one newcomer. The minimum price for the licenses will be S$150 million.
Global operators such as Deutsche Telekom and France Telecom as well as Hong Kong-based Hutchison Whampoa could be interested in bidding for a Singapore license, analysts say, but it's unlikely they will push the price up to anything like the heights reached in Europe, where bidders shelled out a combined $78 billion for licenses in the UK and Germany. That's...
