SBOs are operators intending to lease telecommunication-network elements (such as transmission capacity, switching services, ducts and fibre) from any FBO (facilities-based operator) licensed by IDA ( Info-communications Development Authority of Singapore) to provide telecommunication services to third parties or resell the telecommunication services of FBO to third parties.
The two classes of licence are:
SBO (class) licensees shall not collect monetary deposits and/or use prepaid cards as a means of collecting payment from their customers. SBO (individual) licensees who collect monetary deposits and/or issue prepaid cards for collection of payments from their customers are required to have a paid-up capital of at least SG$100,000 at the point of licensing.
The range of operations and services that requires individual licensing under the SBO (individual) licence category includes, but is not limited to, the following.
Under SBO class licence, your company is not allowed to offer services in a prepaid form.