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SingTel and Partners to Bid on Next Gen Broadband Net

Axia NetMedia (30%), Singapore Telecommunications (30%), Singapore Press Holdings (25%) and SP Telecommunications Pte Ltd (15%) have formed a consortium to jointly bid on Singapore’s Next Generation National Broadband Network – Network Company (NetCo), as defined by the Infocomm Development Authority of Singapore (IDA).

The new OpenNet consortium, as it is known, proposes an open fiber-to-the-home (FTTH) network. The open nature of the network is defined as follows:

(i) No individual parties having control over OpenNet

(ii) Three of the four OpenNet owners are not integrated telecommunications players hence there are no conflicting interests

(iii) the Network is specifically designed to enable choice by OpenNet customers, large and small

(iv) Interests are aligned as OpenNet’s commercial success depends on its customers’ success.

In the proposal, OpenNet said it will leverage SingTel’s existing extensive high-quality, subterranean ducting network, making the infrastructure less vulnerable to damage. OpenNet also promises to deliver the FTTH network at least two and a half years ahead of schedule of the iN2015 vision. OpenNet is positioned to complete the network rollout by June 2010.http://www.singtel.com

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