Singtel and a joint-venture consortium formed by StarHub and M1 have been awarded 5G network licences by Singapore's Infocomm Media Development Authority (IMDA).
Announcing the winners of IMDA's 5G Call for Proposal (CFP) Provisional Award, Minister for Communications and Information S Iswaran said Singapore is on track towards achieving nationwide coverage of 5G in Singapore on a standalone basis by 2025.
The coverage will reach 50 per cent in two years' time.
"With this, Singapore will be amongst the early group of nations which are able to offer the full-fledged capabilities and services of 5G," Iswaran said during a virtual media doorstop.
In a Facebook post, Iswaran added that the Singapore government will continue to co-invest with the industry to advance r5G solutions and use cases.
"With strong Government-industry partnership, we are on track to deploy nationwide 5G networks by 2025, with full-fledged 5G capabilities that will spur innovation and create exciting opportunities," he said.
"Amid today’s COVID-19 challenges, the investments in Singapore’s 5G infrastructure underscore long-term business confidence in our economy, and will ready us for the eventual recovery to build a thriving digital future for our people, businesses and industries."