Separate contracts awarded by Singtel and NetLink Trust
Milan, 17 May 2016 – Prysmian Group, world leader in the energy and telecom cable systems industry, has been chosen to support the development of the new broadband network in Singapore.
Prysmian Group has been awarded two new contracts from two separate companies in Singapore, Singtel and NetLink Trust worth a total of around S$ 35 million (almost € 23 million) for the supply of optical fibre cables to these two different entities.
“These important awards cement our leading position as a valued partner for the telecom sector in the region”, said Toni Bosch, Vice President Telecom Solutions at Prysmian Group. “Most of the broadband network in Singapore supports connection speeds up to 100Mbps, and Singtel, NLT Network understand the importance of installing a comprehensive optical network with reliable technology as the foundation for a Next Generation National Broadband Network (Next Gen NBN). This will allow connections to perform 100 times faster than the speeds the country currently experiences and, with the use of optical fibre, a higher broadband speed will be delivered more efficiently and at a lower cost.”
The Singtel Group is Singapore and Asia’s leading communications group that provide a diverse range of services including fixed, mobile, data, internet, TV, infocomms technology (ICT) and digital solutions. The Group serves over 595 million mobile customers around the world and is one of the largest listed companies on the Singapore Exchange by market capitalization. The Group has a vast network of offices throughout Asia Pacific, Europe and the USA, and employs more than 23,000 staff worldwide.
NetLink Trust (NLT) owns the fibre network which is the foundation of Singapore’s Next Gen NBN, Singapore’s all-fibre ultra-high-speed broadband network, a project under the Intelligent National 2015 (iN2015) masterplan by the Infocomm Development Authority of Singapore (IDA), that is capable of delivering speeds of 1Gbps and above to all homes, offices and schools across Singapore.
“It is through our capabilities as a global fibre and optical cables manufacturer, as well as having a strong and dedicated local presence in the region which is able to service our local customers well, that we were able to secure these great successes in Singapore”, states Ronald Wee, Commercial Director Telecom ASEAN at Prysmian Group.
These two separate contracts from the two different companies consist of up to 25,000km of optical fibre cables to be installed in Singapore for the period of 2016~2018, which includes underground, flame retardant and ribbon types utilizing G652D and G657 fibres.