This island city-state, thanks to its small size and a big public investment, could soon be the first country blanketed with a fiber optic infrastructure so fast that it would enable the contents of a DVD to be downloaded in only a few seconds.
The new network is expected to give a strong boost to the growth of services like online video and Internet telephony. Pyramid Research, which analyzes the telecommunications business, expects the revenue of Singapore telecommunication operators to rise to $5.1 billion by 2014 from $3.8 billion in 2009.
The new network, stimulated by an investment of 1 billion Singapore dollars, or about $700 million, from the government, will help the country leap ahead in an international race to roll out faster broadband speeds, a competition in which several Asian countries are in leading positions.
From The New York Times
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