Hong Kong and Singapore, 30 April 2008 - Hong Kong's City Telecom (CTI) and Singapore's M1 and StarHub today signed the Consortium Agreement, as part of their bid to design, build and operate the passive infrastructure network capable of delivering ultra-high broadband speeds for Singapore.

In conjunction with the signing, all three parties today announced the official name of the Consortium that will bid for the Next Gen NBN’s Network Company (NetCo). Called Infinity Consortium, it reflects the potential of the alliance in delivering next-generation broadband technology to Singapore. The design of the Infinity Consortium logo aptly reflects this belief.

The Infinity Consortium is on track to submit its bid on 5 May 2008 in response to the Infocomm Development Authority (IDA) of Singapore’s Request-for-Proposal (RFP) for the NetCo.

The Next Gen NBN is part of Singapore's Next Generation National Infocomm Infrastructure (Next Gen NII), formed to entrench Singapore’s Infocomm hub status and open the doors to new business and social growth for the country. Next Gen NII comprises complementary wired and wireless networks to ensure Singaporeans enjoy seamless connectivity.