StarHub wins network bid

[CENWEN]

Home > Breaking News > Singapore > Story
April 3, 2009
StarHub wins network bid <!--10 min-->
<!-- headline one : start --> <!-- headline one : end --> <!-- Author --> <!-- show image if available --> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tbody><tr></tr> <tr> </tr> <tr> </tr> <tr><td colspan="2" class="padlrt8 georgia11 darkgrey bold">By Chua Hian Hou </td></tr> <tr valign="bottom"> <td width="330">

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Starhub has won the four-horse race in the bid to install the networking equipment that will direct data traffic across Singapore's upcoming broadband network. --PHOTO: STARHUB
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STARHUB has won the four-horse race in the bid to install the networking equipment that will direct data traffic across Singapore's upcoming broadband network. It beat Singapore Telecommunications (SingTel), MobileOne (M1), and the IntelliNet consortium comprising networking equipment company Cisco and Canadian telecommunications firm Axia NetMedia. Technology sector regulator Infocomm Development Authority of Singapore (IDA) on Friday announced that StarHub would be the operating company (OpCo) for a high-speed broadband network currently under construction.

This fibre-optic network, expected to be ready by 2013, will offer Internet users broadband speeds ten times faster than today's at the same cost.
Faster Youtube videos aside, consumers and businesses can also look forward to new services like virtual reality worlds and hyper-realistic video-conferencing not possible on today's networks. The Opco contract comes with a government grant of up to $250 million from the IDA, to help defray the cost of installing the networking equipment.

But mainboard-listed StarHub, Singapore's second-largest telco, is expected to have to invest some $500 million of its own money into this project.
The OpenNet consortium comprising SingTel, Axia NetMedia, Singapore Press Holdings and SP Telecommunications, had earlier won the contract to lay the fibre-optic cables for the network.Unlike Singapore's current Internet infrastructure, which was built and controlled by SingTel and StarHub, the IDA wanted to prevent any one party from being able to control access or pricing on its upcoming broadband network, to foster greater competition and create a more level playing field. This was why the IDA mandated that OpenNet and now, StarHub, would have to sell access to the network to anyone that wants its services, at the same price - including competitors.

 

[po2wq]

no wonder it managed 2 break thru 2 $ dese 2 days! ... wil iz price shoot up on monday? ...

 

[BlueCat]

whether it is StarHub or SingTel,
the government is still in control.

 

[Watchman]

Starhub wins bid to manage Singapore's upcoming ultra-high speed broadband network, or NBN

Starhub has won the bid to build and manage Singapore's upcoming ultra-high speed broadband network, called NBN.

It was chosen by the government over the other two local telcos, Singtel and M1, which also placed bids for the contract.

Starhub says it is committed to start up a new unit called Nucleus Connect within the year, which will begin commercial operations in the first quarter of next year.

And 95 percent of homes and offices in Singapore can then expect to have ultra-high broadband connectivity of up to 1 gigabyte per second by June 2012.

Starhub says the new unit expects to spend about 1 billion dollars for the active network over the 25-year period of the licence.

It is eligible for a government grant of up to 250 million dollars from the Infocomm Development Authority, or IDA.

StarHub's investment in Nucleus Connect is estimated to be around 100 million dollars.

 

[red amoeba]

fuck...wonder how much will EPL cost now....