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PR Newswire
25-04-2019, 08:26 PM
SP Telecom to build alternative fibre network
SP Telecom is investing hundreds of millions of dollars over the next five years to build an alternative to the government-backed Next Generation Nationwide Broadband Network (NGNBN).
SP Telecom said yesterday its business-grade fibre broadband network services will be fully rolled out commercially in the first three months of next year, with the Government and businesses the target customers.
The new network - called the Software-Defined Network with Network Functions Virtualisation - aims to provide an alternative solution in the event of disruptions to the NGNBN, which was launched in 2010 and resold by Internet service providers to residential and business users. Fibre network operator NetLink Trust runs the NGNBN.
https://www.straitstimes.com/tech/sp-tel...re-network
Competition is coming soon. But the market seems to be unfazed by the news.
Is NetLink still a buy-for-long-term at present price?
SP Telecom is investing hundreds of millions of dollars over the next five years to build an alternative to the government-backed Next Generation Nationwide Broadband Network (NGNBN).
SP Telecom said yesterday its business-grade fibre broadband network services will be fully rolled out commercially in the first three months of next year, with the Government and businesses the target customers.
The new network - called the Software-Defined Network with Network Functions Virtualisation - aims to provide an alternative solution in the event of disruptions to the NGNBN, which was launched in 2010 and resold by Internet service providers to residential and business users. Fibre network operator NetLink Trust runs the NGNBN.
https://www.straitstimes.com/tech/sp-tel...re-network
Competition is coming soon. But the market seems to be unfazed by the news.
Is NetLink still a buy-for-long-term at present price?