With the award of two 5G licences, Singapore is on track towards achieving nationwide coverage of 5G on a standalone basis by 2025, says Communications and Information Minister S. Iswaran.

Earlier yesterday, the republic's Infocomm Media Development Authority announced Singtel Mobile Singapore Pte Ltd and the Joint-Venture Consortium formed by StarHub Mobile Pte Ltd and M1 Ltd as the winners of its 5G Call for Proposal (CFP) Provisional Award.

Addressing a virtual media doorstop here, Iswaran said the republic is also on track to have 50 per cent coverage in two years' time, "in other words, by 2022."

"With this, Singapore will be amongst the early group of nations which are able to offer the full-fledged capabilities and services of 5G," he said.

Iswaran noted that the award is an important part of the republic's ongoing efforts to build the infrastructure that makes its future-ready for the digital economy, "even as we build on what we already have today."

-- BERNAMA