There are now only two companies qualified to take part in an upcoming 4G mobile airwave auction slated to be completed by next month to determine the fourth mobile operator in Singapore.

The two firms are local fibre broadband operator MyRepublic and Australian telco TPG Telecom, the Infocomm Media Development Authority announced yesterday.

Three-month-old Singapore start-up airYotta, which surprisingly signed up for the auction in September, has been disqualified for not fully meeting the authorities' auction requirements.

This is the first time in 15 years that new companies have expressed an interest to break the triopoly of Singtel, StarHub and M1.

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