The promise of widely available household Internet speeds 10 times faster than current ones is closer to becoming a reality, with up to $100 million being earmarked for a national network upgrade.
The upgrade is in anticipation of data-intensive tools such as artificial intelligence (AI), virtual reality and smart-home applications, which will require greater speeds to support, said Minister for Communications and Information Josephine Teo on Feb 21.
The $100 million investment by the Infocomm Media Development Authority (IMDA) will be channelled to upgrade the back-end network and user equipment from mid-2024 to 2026 to allow residential broadband services to deliver connection speeds of up to 10Gbps.
The upgrading marks a next step in Singapore's Nationwide Broadband Network, commercially launched in 2010 with a $1 billion investment from the Government.
The network, which can already support speeds of 10Gbps, reached more than 95 per cent of homes and businesses in Singapore in 2013 - a first in the world.
It is not known what the exact uses are for connectivity speeds of up to 10Gbps, but it is necessary to ensure that Singapore is equipped when the technology arrives, said Mrs Teo.
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