Tuesday, April 8, 2008

Ultra-fast broadband for Singapore

The Singapore Government plan ultra-fast broadband for this city state to be rolled out nationwide in 2015 (7 years from now) to allow Singapore surfers to surf 10 times faster. The ultra-fast network is expected to cost some 1 billion dollars and whoever wins the bid to build it can expect some $250 million in public funds. To back up this ultra-fast network, another tender was called earlier in December to lay the cables for this network and for this project, winning bidders will get $750 million in public funds.

Singapore is playing on catch-up as Hong Kong already has such an ultra-fast network.