The alternative news in 1 day? (Part 29) – Cheapest broadband in the world?

theonlinecitizen

Jan 16, 2014

The alternative news in 1 day? (Part 29) – Cheapest broadband in the world?

Straits Times wrote a report on Tuesday citing that Singapore now provides one of the world’s cheapest home broadband connections. (link)

The report writes, “with a monthly fee of $49.99, the cost of each Mbps in MyRepublic’s plan is now down to five cents, compared with the previous low of 13.9 cents for each Mbps with SingTel’s 500Mbps plan, which costs $69.95 a month.”

Is it one of the cheapest or one of the most expensive?

Arguably, there may be something that is wrong with the headline, because as I understand it – if you compare the cheapest broadband plan cost on a monthly basis – Singapore may be one of the most expensive. (Not even in reference to wage that one would get in the country)

In other words, we should be comparing what is the cheapest that one can pay for broadband, instead of just comparing the cost per Mbs.

Comparison speaks for itself?

The report broke down the cost for each Mbps for different countries; 2.5 cents in South Korea, three cents in Japan and and 3.5 cents in Hong Kong.

How can we be given the impression in the article that Singapore now provides one of the world’s cheapest home broadband connections alongside other Asian technohubs with today’s launch of MyRepublic’s 1Gbps plan when Singapore’s at 5 cents is 50 to 43 per cent higher than the Asian countries – South Korea, Japan and Hong Kong?

And how is it that we can use the highest speed plan to come to the conclusion that Singapore’s broadband is “one of the world’s cheapest”? Shouldn’t we be comparing price for lower speed plans as well?

So for a change, let us look at the plans that the countries and companies used in comparison have for their cheapest plan for 100mbps.

LOCATION SERVICE PROVIDER COST FOR 100 MBPS
South Korea CJ Hello Vision 13500 KRW (16.2 SGD)
Japan So-net Entertainment 3570 YEN (43.5 SGD)
Hong Kong HKBN 188 HKD (30.8 SGD)
Singapore M1 59 SGD
Kansas City, United States Google Fibre Free* (5mbps)
*There is no 100 mbps option for Google Fibre but users can get free internet at 5 mbps

In this regard, how many in Singapore subscribe to the highest speed plan and how little can subscribers pay to have decent internet access speed?

Uniquely Singapore!

By Leong Sze Hian

About the Author

Leong
Leong Sze Hian has served as the president of 4 professional bodies, honorary consul of 2 countries, an alumnus of Harvard University, authored 4 books, quoted over 1500 times in the media , has been a radio talkshow host, a newspaper daily columnist, Wharton Fellow, SEACeM Fellow, columnist for theonlinecitizen and Malaysiakini, executive producer of Ilo Ilo (40 international awards), Hotel Mumbai (associate producer), invited to speak more than 200 times in about 40 countries, CIFA advisory board member, founding advisor to the Financial Planning Associations of 2 countries. He has 3 Masters, 2 Bachelors degrees and 13 professional  qualifications.