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SingTel Submits Bid for Next Gen Access Network

Singapore Telecommunications (SingTel) has submitted its bid to the government of Singapore to design, build and operate the active infrastructure of Singapore’s Next Generation National Broadband Network. According the RFP, if chosen SingTel would serve as the Operating Company (OpCo).

SingTel said that given its strong cashflow it does not expect to tap the financial market for additional funds should it be appointed as the OpCo.

“We fully support the Government’s iN2015 blueprint to transform Singapore into one of the world’s most connected cities with pervasive ultra-fast fibre-based broadband network access. We believe that our proposal will enable the flourishing of a vibrant community of retail service providers in Singapore and consumers can look forward to feature-rich applications and services at home and work — at speeds of up to 1Gbps — that will enrich their lives and allow them to be more productive. The way we live, work and play will not be the same going forward,” stated Mr. Mark Chong Chin Kok, SingTel’s Executive Vice President of Networks.http://www.singtel.com

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