StarHub announces 4G launch in CBD

9 Jul 2012

Singapore’s second largest telecoms operator StarHub has announced plans to launch its commercial 4G Long Term Evolution (LTE) in the city state’s Central Business District (CBD) and Changi Airport this month. Bloomberg quotes the carrier’s CEO Neil Montefiore as saying that his firm, which lags behind rivals SingTel Mobile and M1 which have already launched LTE commercially, as manufacturers start unveiling their new 4G handsets. According to Montefiore the rollout costs over two years will be ‘marginal’ and will support the operator’s ‘stable’ profitability. The chief executive added that StarHub, which competes with SingTel for pay-TV customers in the country, also plans to use its new fibre-optic infrastructure to attract new clients in commercial buildings in the suburbs. The carrier’s corporate-data services are available in about 1,100 office buildings in the CBD, where the company has built its own fibre-optic network. The new platform will allow it to access new clients in 20,000 commercial buildings across the island. Bloomberg quotes Montefiore as saying that potential revenue from these is about SGD1 billion (USD786 million). ‘It’s a game changer,’ he noted. ‘The rollout of the next generation broadband network to more buildings will give us access to a market that’s still a monopoly.’

Singapore, StarHub