- Upgrade to 10 Gbps with up to S$100million investment, to enable NBN to be future ready
- More than half a million households expected to sign up and benefit in next five years
SINGAPORE – 21 FEB 2024
1. The Infocomm Media Development Authority (IMDA) will invest up to S$100 million to upgrade the Nationwide Broadband Network (NBN), enabling it to remain future-ready. More than half a million households are expected to sign up and benefit from higher speeds of up to 10Gbps by 2028.
2. Digital technologies are developing rapidly, ranging from areas such as artificial intelligence, immersive digital experiences, and autonomous devices. 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. The upgraded NBN will form the backbone of future applications and innovation, at speeds up to 10 times faster than today.
Investing ahead – Future ready digital infrastructure
3. Singapore’s past investments in the first generation NBN in 2006 laid the foundation for a reliable and high bandwidth connectivity infrastructure. This has in turn supported the rapid pace of digital transformation. These early investments enabled our people and businesses to realise many of the benefits of digital technology that we enjoy today. This was also evident during the COVID-19 pandemic where the NBN allowed the whole of Singapore to seamlessly connect and continue to work and learn from home. Today, the NBN runs in all our homes, with more than 85% of residential homes on at least 1 Gbps services.
4. It has been 18 years since the first NBN investments. It is timely to upgrade the infrastructure, to ensure it continues to be future ready. The investment will support the upgrading of both the back-end network and front-end user equipment to enable up to 10Gbps services and innovative offerings, at more competitive prices to businesses and consumers.
5. The upgrade of the NBN will take place from mid-2024 to 2026. Together with the roll-out of 5G mobile services and faster Wi-Fi networks, the 10G NBN will provide more symmetric end-to-end 10 Gbps connectivity. This will support maintaining Singapore’s global competitiveness and unlocking further economic opportunities.
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