NetLink Trust
Traded as | SGX: CJLU |
---|---|
ISIN | 🆔 |
Industry | Telecommunications |
Founded 📆 | 2011 |
Founder 👔 | |
Area served 🗺️ | Singapore |
Members | |
Number of employees | |
🌐 Website | https://netlinktrust.com/ |
📇 Address | |
📞 telephone | |
NetLink Trust, formerly known as OpenNet, is the owner, designer, builder and operator of the passive fibre network structure (comprising ducts, manholes, fibre cables and central offices) of Singapore's next generation nationwide broadband network.[1][2]
The Next Gen NBN is a project under the Intelligent Nation 2015 master plan[3] by the Info-communications Media Development Authority of Singapore, which seeks to transform Singapore into an intelligent nation and global city, powered by info-communications.
NetLink Trust held an initial public offering in 2017, at which point it was a subsidiary of Singtel.[4]
History[edit]
- 2008: OpenNet, a consortium comprising Axia NetMedia Corporation, Singtel, Singapore Press Holdings and SP Tel, is selected as the Network Company to design, build and operate the passive infrastructure for the Next Gen NBN.[5]
- 2009: OpenNet is issued a Facilities-Based Operator Licence for it to commence the roll-out of the Next Gen NBN.[6]
- 2010: OpenNet begins rolling out optical fibre to homes, offices and buildings in Singapore.[7]
- 2011: Singtel establishes NetLink Trust as part of the commitments made by the OpenNet consortium, and appoints CityNet Infrastructure Management Pte Ltd to carry out the business of establishing, installing, operating and maintaining the assets transferred from SingTel to support the operations of OpenNet.[8]
- 2012: High-speed fibre coverage rolled out to 95% of all residential homes and non-residential premises in Singapore.[9]
- 2013: Nationwide coverage for Next Gen NBN achieved; OpenNet is fully acquired by CityNet, which will act as a neutral, independent Trustee-Manager for NetLink Trust.[10]
- 2014: The integration of the Next Gen NBN fibre infrastructure into NetLink Trust is completed.[11]
Network and infrastructure[edit]
The extensive Next Gen NBN, which delivers ultra-high-speed internet access of 1Gbit/s and above throughout mainland Singapore, covers all residential homes and non-residential premises, and its connected islands. It comprises three distinct layers[12] to provide effective open access to downstream operators.
Controversies[edit]
In 2014, OpenNet was fined $240,000 by the Infocomm Development Authority Of Singapore, for failing to provide fibre broadband services to non-residential users on time.[2]
References[edit]
- ↑ "OpenNet ceases to exist; is renamed NetLink Trust". Retrieved 7 October 2020.
- ↑ 2.0 2.1 "OpenNet fined S$240,000 for poor quality of service". Retrieved 7 October 2020.
- ↑ "Singapore iN2015 Masterplan Offers a Digital Future for Everyone". Infocomm Media Development Authority. Retrieved 2020-10-03.
- ↑ Zhong, Isabella (2017-06-28). "NetLink Trust IPO: What's In It for SingTel Shareholders?". Barron's. Retrieved 2020-10-03. Unknown parameter
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ignored (help) - ↑ "Singapore's Next Generation National Broadband Network To Be Nationwide by 2012". Infocomm Media Development Authority. Retrieved 2020-10-03.
- ↑ "Singapore's Nationwide Next Generation National Broadband Network Deployment On Track". Infocomm Media Development Authority. Retrieved 2020-10-03.
- ↑ "Supercharging Singapore 2010 and beyond". graphics.straitstimes.com. Retrieved 2020-10-03. Unknown parameter
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ignored (help) - ↑ https://www.supremecourt.gov.sg/docs/default-source/module-document/judgement/2012-sghc-168_att1.pdf
- ↑ Monday, AsiaOne; Oct 15; 2012. "OpenNet fibre reaches 95% of homes and offices". www.asiaone.com. Retrieved 2020-10-03.
- ↑ "IDA Approves CityNet's Acquisition of OpenNet with Conditions". Infocomm Media Development Authority. Retrieved 2020-10-03.
- ↑ migration (2014-10-01). "OpenNet ceases to exist; is renamed NetLink Trust". The Straits Times. Retrieved 2020-10-03.
- ↑ "Next Gen NBN". netlinktrust.com. Retrieved 2020-10-03.
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