Singapore continues to maintain a strong positive outlook in the country's telecommunications sector. The island state has built a competitive telecoms market over the past three decades, aided by its geographical disposition and its excellent infrastructure. It was one of the first countries in the world to have a fully digital telephone network. The World Economic Forum has described Singapore as Asia's most connected country', noting that it was leading the region in terms of ICT development. The mix' of mobile services is rapidly changing, with 2G having almost disappeared, 3G numbers were already in decline as the newly launched Long Term Evolution (LTE) / 4G service offerings were expanding rapidly. In its efforts to maintain Singapore's status as an ICT market leader, the government launched its plan for a nationwide fibre-based broadband network known as the Next Generation Broadband Network (NGNBN).The roll out and deployment of this national network in line with the government's strategy has effectively been completed and there is rapid take up of fibre-based services. This report takes a general look at the growth of the telecom sector in Singapore and how it has been assisted in its development by the government's strong commitment to deregulation of the industry. The report also provides an overview of Singapore's domestic and international infrastructure.
The IDA began to develop the Smart Nation Platform (SNP) and initiatives that boost soft infrastructure. Data and analytics start to play a critical role in Singapore's Smart Nation initiative; IDA has provided about S$20 million worth of project opportunities for Singapore-based tech firms. Singapore government agencies are engaged in a project to develop Virtual Singapore. SingTel announced that it would roll out next generation Gigabit Passive Optical Network (GPON) technology on its FttH network.
Companies mentioned in this report:
SingTel; StarHub, MobileOne (M1), Telekom Malaysia (Axiata).