Singapore is one of the fastest growing data hubs of Asia. With a population of just over 5 million, Singapore has now built its own Next Generation National Broadband Network (NGNBN) designed to service residential consumers and small-medium businesses. Singtel is the local incumbent and since deregulation other major telecommunications providers include Superloop, Starhub and M1. Singapore is interconnected with over 15 international undersea cables connecting the city country. Major data center providers in Singapore include Equinix, Global Switch, Digital Realty and STT. Singapore also hosts Amazon AWS, Microsoft Azure, IBM Softlayer and in 2017 a Google Cloud cluster. Singapore is the #2 shipping port in the world and is #1 for international competitiveness. With its stable Government committed to continue to drive prosperity through economic development and innovation, Singapore continues to attract major investment from the technology industry.