The new network is stimulated by an investment of about $700 million from the government, the Times said, adding that Japan and Hong Kong 'have been leading the way,' in government investment in such networks, with 'private companies already offering speeds as high as one gigabit per second, or 1,000 megabits per second -- many times as fast as the 35 megabits per second required for streaming high-definition video.'
Yes it all sounds wonderful, but its benefits still aren't crystal-clear to all. 'Nobody's sure what's going to happen,' said Neil Montefiore, CEO of StarHub, which offers mobile, Internet and cable television services, speaking to attendees on the opening day of Singapore'sCommunicAsia ( News - Alert) telecommunications exhibition, as reported by industry observer Sumner Lemon. Full Story