OpenNet ceases to exist; renamed NetLink Trust

OpenNet ceases to exist; renamed NetLink Trust

SINGAPORE - OpenNet, the builder of Singapore's ultra-fast fibre broadband network, has been acquired by NetLink Trust, which is fully owned by SingTel. 

The integration of Singapore's Next Generation Nationwide Broadband Network (Next Gen NBN) core fibre infrastructure and resources into one operation is about two months ahead of schedule, announced NetLink Trust on Wednesday. 

"NetLink Trust remains committed to open and equal access for all service providers. We welcome closer engagement with industry stakeholders to bring the Next Gen NBN fibre network to its maximum potential for the benefit of all end-users," said Mr Ng Yong Hwee, Chief Executive Officer, NetLink Trust.

NetLink Trust also said that it will also be investing significantly to deploy additional fibre across the entire network over the next four years.

maryanns@sph.com.sg

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