Another S$30m to boost adoption of 5G in Singapore, including among SMEs
Enterprise
A new government fund that aims to accelerate the adoption and commercialisation of 5G in Singapore is a good thing to have, especially as it includes getting small and medium enterprises (SMEs) to adopt the new mobile technology.
The tranche of S$30 million, announced on January 22, is a sign that the government is putting the money where its mouth is, as the rollout of 5G gather pace in the country while applications are still in nascent phases.
The Infocomm Media Development Authority had already given out S$40 million in 2019, which helped pay for 70 per cent of projects, including trials at sea ports and other commercial areas, but the new funds will go towards making 5G more accessible to businesses.
THE Infocomm Media Development Authority (IMDA) on Wednesday launched a S$30 million fund to accelerate the adoption and commercialisation of 5G solutions. Read more at The Business Times.