SingTel – BT
SingTel lowers cost of fibre connectivity for businesses
THE promise of cheaper business connectivity he-ralded by the upcoming Next Generation Nationwide Broadband Network (Next Gen NBN) appears to be materialising even before the landmark digital highway is ready.
Singapore Telecommunications yesterday launched its cheapest fibre optic-based network service for businesses – dubbed Meg@POP eLite – which offers symmetrical data transmission speeds of up to 100 Mbps.
The latest addition to SingTel’s existing suite of secure fibre-based services, it is aimed at businesses that run heavy-duty networking applications such as cloud computing services and high-definition video conferencing.
‘In the market today, businesses typically pay about $500 per month for a 10 Mbps copper connection to their private office network,’ said Chan Yim Leng, SingTel’s vice-president of business products. The new service provides up to 10 times the speed for around the same price, she said.
Besides targeting businesses, SingTel is also eyeing service providers which can leverage on Meg@POP eLite to offer services such as Web hosting to other businesses.
Market watchers expect the Next Gen NBN to lead to lower business connectivity prices in Singapore, as it heralds a level playing field where ownership of the network is separate from services that tap on the network.
As a result, it is also expected that prices of existing business connectivity services will be falling in the months ahead.
The all-fibre Next Gen NBN is expected to reach 60 per cent coverage of all residential premises and commercial buildings by year-end, and achieve 95 per cent coverage by 2012.