Examples of Telecom Competition Code in a sentence
Licensees are also required to comply with the Code of Practice for Competition in the Provision of Telecommunication Services (Telecom Competition Code), which aims to ensure the development of a fair and competitive telecommunication environment in Singapore.
Singapore Telecommunications Limited (“ SingTel”) has requested the Info- communications Development Authority of Singapore (“IDA”), pursuant to Sub-section 2.5.1 of the Telecom Competition Code 2005 (“Code”), to exempt it from the application of Dominant Licensee requirements contained in Sections 4 and 8 of the Code to most telecommunication services that SingTel provides to business and government End Users (“SingTel’s Request”).
Two types of licences are granted: for facilities-based operations (FBO), defined as operations that require telecommunications systems 26 To help foster competition in a liberalized telecommunication market, the IDA established the Code of Practice for Competition in the Provision of Telecommunication Service (Telecom Competition Code), which took effect in September 2000.
The Telecom Competition Code is subject to review at least once every three years.
Viewed at: http://www.ida.gov.sg/Policies%20and% 20Regulation/20060419203000.aspx.31 Telecom Competition Code 2005, as enacted under Section 26(1) of the Telecommunications Act.
Under the Telecom Competition Code, a Consolidation would occur if an acquisition would result in, inter alia, the Acquiring Party becoming a 30% Controller of a DTL, acquiring the business of a DTL as a going concern, or obtaining Effective Control over the DTL.
In September 2000, the IDA established the Code of Practice for Competition in the Provision of Telecommunication Service (Telecom Competition Code) to help foster competition in the market.
Specifically, pursuant to Sub-section 10.3.6 of the Telecom Competition Code, a DTL and an Acquiring Party must seek IDA’s approval in connection with any transaction that results in a Consolidation.
IDA adopted the first Telecom Competition Code in September 2000, shortly after the full liberalisation of the Singapore telecommunication market.
On 12 November 2003, less than two years after the adoption of the first Telecom Competition Code, IDA issued its decision on SingTel’s request for exemption from Dominant Licensee obligations with respect to the International Telephone Services market (“ ITS Decision”).