Singaporean carrier M1 this week entered the fixed line broadband market, kicking off with speeds of up to 100Mbps.

M1 Fixed Broadband is available to all homes with cable access points or which are cable ready. Upload speeds are available up to 2Mbps.

Prices start at just over S$58 per month for a 10Mbps downlink, and run up to over S$118 for the 100Mbps option.

“M1 is repositioning itself for the future as it develops new businesses anchored on our core competencies. The launch of M1 Fixed Broadband is an important step in our planned transformation from a single-play mobile operator to a dynamic multi-play operator with interests in both the mobile and fixed sectors. The proliferation of the internet and the increasing demand for internet bandwidth also make this an opportune entry into the fixed broadband market,” said Neil Montefiore, CEO of M1.