Are you looking to invest in dividend stocks that pay high and stable dividend income? It was a huge monumental event for Singapore as 1. According to Internet World StatsSingapore has an internet penetration rate of While the 3 big Telcos have co-existed for a long time by offering similar SMS short messaging servicesCalls and 3G bundles, the times have changed rapidly.
Sources said StarHub's existing network leasing agreement with Singtel - which is crucial for the former's cable broadband and TV services - is coming to an end next year.
Should StarHub choose to end the lease, its cable services will cease, making itscustomers a prime target for ISPs eager to expand their customer base. When contacted, StarHub chief marketing officer Howie Lau said: New tech takes over Conventional broadband is based on older technologies such as StarHub's cable and Singtel's asymmetric digital subscriber line ADSL systems.
These technologies, which have been around for more than a decade, have a surfing speed limit of around Mbps, unlike fibre broadband services which are 10 to times faster.
Fibre broadband - launched here in September - now commands about 70 per cent market share among households, according to the latest statistics on the Infocomm Development Authority's website. In contrast, there are now onlycable modem users and "thousands" of ADSL subscribers. StarHub's existing network leasing agreement with Singtel - which is crucial for the former's cable broadband and TV services - is coming to an end next year.
The long-term lease dates back to the early s, when StarHub's predecessor, Singapore Cable Vision, was set up. It had to lease Singtel's networks as the latter had a monopoly on telecommunications facilities. Mr Mike Ang, president of the Association of Telecommunications Industry of Singapore, said the switch from older technologies such as cable to fibre is inevitable.
Fibre broadband services debuted here inoffering 10 to times faster surfing than older broadband technologies such as cable and asymmetric digital subscriber line ADSL.
Now, more than- or seven in 10 - households are on fibre broadband plans, according to Infocomm Development Authority statistics. Cable, fibre broadband services: StarHub clarifies Mr Clement Teo, a senior analyst at market research firm Forrester, attributed the huge demand for fibre broadband to aggressive promotions.
A version of this article appeared in the print edition of The Straits Times on June 01,with the headline 'ISPs wage new broadband war'.
Print Edition Subscribe Topics:The Australia-based TPG Telecom may have won the bid to be Singapore’s fourth telco, but in its home country, the company is better known for its broadband business.
TPG Telecom, which plans to launch a mobile service in Singapore next year, has sounded its intention to capture at least 5% of the.
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