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Singapore telcos to offer fast broadband
06 September 2010
Singapore operators are competing to offer high-speed broadband, with the launch of Nucleus Connect, a carrier-neutral provider
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Singapore
Nucleus Connect
SingTel
M1
StarHub
Singapore-based telecom companies, SingTel, StarHub and M1, are introducing new ultra-high-speed broadband packages for consumers and businesses. SingTel will be competing directly with StarHub subsidiary, Nucleus Connect, which will resell ultra high-speed bandwidth packages to other internet service providers on Singapore’s government-backed fibre-optic network.
The Infocomm Development Authority of Singapore has provided Nucleus $250 million to help defray its set-up costs. Nucleus Connect, in return, has to operate independently from its parent as part of IDA’s operational separation mandate.
SingTel does not have to follow government rules, allowing it to offer discounts or rebates to its customers.
The company is planning to use its own fibre-optic network to provide connectivity to commercial customers and rely on Nucleus Connect’s infrastructure for the consumer segment only.
M1 will offer Singapore’s fastest broadband plan at 1 gigabit per second, which is five times the speed of SingTel’s latest offering. GTB