Roughly one in 10 households in Singapore now surfs the Internet on a new ultra-fast fibre broadband network, according to a report published in The Straits Times on 26 January.
This network is being developed by OpenNet, a government-authorised consortium.
OpenNet was established in 2008, and is a joint venture between four partners - Axia NetMedia (Axia), Singapore Telecommunications (SingTel), Singapore Press Holdings (SPH) and SP Telecommunications (SPT). The Infocomm Development Authority of Singapore (IDA) awarded OpenNet the contract to build, manage and operate a nationwide all-fibre platform for Singapore's Next Generation Nationwide Broadband Network (Next Gen NBN).
Figures released by OpenNet indicate that there are now 100,000 fibre broadband subscribers in the country, said the report.
At a ceremony to celebrate the 100,000th subscriber on Wednesday (25 January), OpenNet said it expects a quarter of all Singapore households to be connected by early next year.
According to the report, last June's PC Show brought a spike in demand for blazingly quick Internet speeds. Since then, there has been a continued growth in fibre broadband connections.
The number of fibre plan sign-ups a year ago was about 3,000 a month; by the end of last year, it was more than 13,000 a month, the paper said.
Sign up for MIS Asia eNewsletters.