Competition is heating up in the fibre broadband space as Internet service providers dangle heavily discounted prices for their 500Mbps two-year plans at this year's IT Show at Marina Bay Sands.
SingTel is offering its 500Mbps plan for $59.95 per month at the annual electronics fair, which opened on Thursday and will end on Sunday. This is down from its usual price of $79.90. StarHub is offering the same plan at $61.16 per month, down from $69.90.
ViewQwest has slashed the price of its 500Mbps plan to $89.95 per month, down from $299.95 previously.
MyRepublic does not have a 500Mbps plan but it is offering a 1Gbps plan at $49.99 per month for a two-year contract, down from the usual price of $89.
M1 also does not offer a 500Mbps plan but it is selling its 300Mbps plan for $42.88 per month for a two-year contract, down from $49. It comes in a bundled deal with a $100 handset rebate.
StarHub has cut its 300Mbps plan to $43.66 per month, from $49.90. SingTel is offering its 300Mbps plan at $47.45 per month, down from $59.90.
ViewQwest is selling its new 300Mbps plan for $65 per month.
The four-day IT Show is open from 12pm to 9pm daily. Admission is free and there are free shuttle bus services between Suntec Singapore and Marina Bay Sands to bring visitors to the fair.
Some 600,000 visitors are expected to attend the fair organised by Exhibits Inc, a wholly-owned subsidiary of Singapore Press Holdings.