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AirYotta backs out of race for Singapore’s 4th telco; two bidders left

Michelle Zhu Published on Wed, Nov 16, 2016 / 6:54 PM GMT+8

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SINGAPORE (Nov 16): AirYotta today announced it has dropped out of the race to become Singapore’s fourth telco as it “did not meet all of the Infocomm Media Development Authority’s requirements for the bid”.

This means the remaining bidders, MyRepublic and TPG Telecom, will vie for the title of Singapore’s fourth telco licence.

(See also: AirYotta joins race for fourth telco licence)

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