|
Singapore Telecommunications Report Q3 2009Product Type: Market Research ReportPublished by: Business Monitor International Published: August 2009 Product Code: R302-7530 Description With demand for fixed-line falling and mobile growth slowing, operators across Singapore areincreasingly turning to broadband networks as a major focus for their plans. Operators have investedheavily into providing access to the internet, whether it is wireline or wireless, over a number of differentdevices. M1 became the first in the country to announce the launch of its prepaid mobile broadbandservices, complementing its current postpaid mobile broadband services which are already offered byrivals SingTel and StarHub. This followed just eight months after M1’s decision to enter the fixedbroadband market.In addition, the government-backed iN2015 project is now underway, with SingTel’s consortiumOpenNet, which includes Singapore Power, Singapore Press Holdings and Axia NetMedia, winningthe right to build the city’s ultra high-speed broadband network in September 2008. SingTel is expectedto invest around SGD2bn (US$1.4bn) to design, build and maintain the network infrastructure, while thegovernment will grant around SGD750mn, according to the Infocommunications Development Authority(IDA). Under the terms of the OpenNet proposal, it will complete the fibre network roll-out to 60% ofhouseholds and buildings by 2010, extending coverage to 95% by 2012. Although StarHub - the leading consortium bidder for Singapore’s next generation broadband network(NGN) which included rival M1 - was beaten by SingTel’s consortium OpenNet, the operator wasawarded the right to build and operate a wholesale NGN broadband network across the country. Theconsortium beat bids from SingTel, M1 and a joint proposal from Cisco and Axia NetMedia, of the USand Canada, respectively. A new subsidiary, Nucleus Connect has been established by StarHub for thepurposes of handling the wholesale NGN broadband network. According to Telecomasia.net in April2009, the government will invest SGD250mn in Nucleus Connect. The rise in interest in broadband has led us to revise upwards our forecasts. By the end of 2009, weestimate a total of 1.745mn subscribers, after 121,000 net additions were reported to reach 1.383mn inQ109. By the end of 2013, we forecast broadband penetration rates of 96.4%, with subscriber figures of4.926mn. Table of Contents
|
|
||||||||
MindBranch has been the leading provider of industry and investment research from more than 550 independent research firms since 1992. With over 90,000 market research reports, MindBranch is your trusted source of competitive business intelligence. |