OpenNet, a consortium consisting of SingTel (30%), Canada's Axia (30%), Singapore Press Holdings Limited (25%) and Singapore Power subsidiary SP Telecommunications Pte Ltd (15%) has reportedly won the bid to Singapore's National Broadband Network. But both Axia and the Infocomm Development Authority deny a decision has been made.
The news, posted but now withdrawn on the deals centre section of legal industry website Asia Legal Business and citing comments by Paul Supramaniam of Berwin Leigton Paisner - the counsel for Axia NetMedia, said that consortium has "been successful in a bid to establish design, build and operate the passive optic fibre infrastructure relating to the Singapore Next Generation National Broadband Network (Next Gen NBN)."
According to the details of the posts, the new NBN is expected to cost up to S$4 billion, including the government's pledge to offer financial support of up to S$750 million.
"We were privileged to have been involved in this very significant transaction," Supramaniam said. "Axia has extensive experience in operating Open Access next generation networks and their participation in the prestigious OpenNet consortium alongside leading Singapore listed companies SingTel, SPH and SP Telecommunications can help deliver a solution that will put Singapore in the global lead in the infocomm sector."
Two consortia submitted bids for the govenrment's NBN Netco tender. In addition to OpenNet, Infinity Consortium, led by Hong Kong's City Telecom and supported by StarHub and MobileOne, also submitted a bid for the NetCo.
The Asia Legal News website says it posted the information in error even though it was apparently based on an external press release submitted to it.



