Prysmian bags optical fiber cable deal from Singtel and NetLink

EWE TEL broadband network in Germany
Prysmian Group, a provider of energy and telecom cable, has bagged deals worth S$35 million or €23 million for supplying optical fiber cables to Singtel and NetLink Trust in Singapore.

Most of the broadband networks in Singapore support connection speeds up to 100Mbps.

Singtel and NLT Network aims at installing a comprehensive optical network with reliable technology as the foundation for a Next Generation National Broadband Network (Next Gen NBN).

Toni Bosch, vice president Telecom Solutions at Prysmian Group, said: “This will allow connections to perform 100 times faster than the speeds the country currently experiences. By using optical fiber, they can deliver higher broadband speed at a lower cost.”

While Singtel serves over 595 million mobile customers around the world

NetLink Trust owns the fiber network, the foundation of Singapore’s Next Gen NBN. The broadband project is capable of delivering 1Gbps and above to all homes, offices and schools across Singapore.

These two separate contracts from the two different companies consist of up to 25,000km of optical fiber cables to be installed in Singapore for the period of 2016-2018.