Singapore to invest $100m in 10G broadband network
The Nationwide Broadband Network upgrade starts in mid-2024.
The Infocomm Media Development Authority (IMDA) is allocating up to $100m to upgrade its Nationwide Broadband Network to 10 gigabytes per second (Gbps) to support the increasing digitalisation in the country.
In a statement, IMDA noted that a higher-capacity broadband network will serve as the “backbone of future applications and innovations,” noting the fast-evolving digital technologies such as artificial intelligence, immersive digital experiences and autonomous devices.
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“A higher-capacity broadband network provides the foundation to enable these future innovations and opportunities. It is important for Singapore to invest ahead in foundational connectivity infrastructure, even as use cases continue to develop and evolve, so as to be future-ready,” IMDA said.
IMDA said the broadband network upgrading will be from mid-2024 to 2026.
The authority expects over half a million households to sign up and benefit from higher speeds of up to 10 Gbps by 2028.