MyRepublic

Last updated

MyRepublic Limited
Company type Private
Industry Telecommunications
FoundedJuly 2011;12 years ago (July 2011)
Headquarters
Areas served
Key people
Services
  • High-speed fibre broadband and internet services
  • Mobile
  • Digital television
  • IT and network services
Number of employees
Approximately 300
Website myrepublic.net

MyRepublic Group Limited is a Singaporean communications service provider. Launched in 2011, MyRepublic currently operates in Singapore and licenses its platform to operators in Brunei and Indonesia.[ citation needed ]

Contents

MyRepublic Group Limited is a group of companies that includes the following business units:

History

2011

2012

2014

2015

2016

2017

2018

2019

2020

2021

2022

2023

Markets

Singapore

Consumer broadband

MyRepublic offers fibre broadband and voice services to residential customers in Singapore over the country's Next-Generation Nationwide Broadband Network (Next Gen NBN). In 2012, the company launched in Singapore with fibre broadband Internet plans offering speeds of up to 150 Mbit/s, as well as the country's first no-contract term Internet plans.

In February 2012, MyRepublic rolled out its GAMER fibre broadband packages, becoming the first Internet service provider in Singapore to offer fibre broadband plans specifically catered towards gamers. MyRepublic is most well-known for its GAMER fibre broadband package, which features lower latency for popular games.

In May 2015, MyRepublic launched the first-ever 1 Gbps no-contract fibre broadband plan in Singapore, targeted at users who want greater flexibility and are unwilling to commit to a 12- or 24-month contract.

In September 2021, according to the internet analysis firm's Q4 Speedtest, MyRepublic became the country's fastest provider, recording a Speed Score of 258.01. [39]

Enterprise Connectivity

The company also offers fibre broadband, voice and managed Wi-Fi services to business customers in the country.

In 2016, it launched MySDN, its first enterprise connectivity service, available to customers across the region, including Singapore, Indonesia, and New Zealand.

In 2022, MyRepublic announced the launch of Ignite, a brand-new suite of enterprise ICT (Information and Communications Technology) specialized to Small and Medium Enterprises (SMEs) in Singapore. [40]

MyRepublic Digital

MyRepublic Digital is a spin-off company of MyRepublic that aims to simplify and increase the productivity of digital transformation for telcos and aspiring digital brands worldwide. The company's product is Encore, a cloud-native digital platform-as-a-service with OSS/BSS features.

MyRepublic Digital is helmed by Jason Ong, previously APAC (Asia Pacific) region head of Tech Mahindra. [41]

Bid to be Singapore's fourth telco

In 2014, MyRepublic announced its interest to be Singapore's 4th telco, [42] after Singtel, StarHub and M1, promising to introduce unlimited mobile data plans as a telco.

In April 2015, MyRepublic announced plans to hold a mobility trial in Jurong Lake District [43] in the second half of 2015, as part of the Government's trial of HetNet, [44] or heterogeneous network. HetNet is a new wireless system that leveraged NBN as part of a mobile network, allowing mobile phone users to automatically hop across networks to minimise surfing slowdowns or disruptions. As part of the trial, MyRepublic gave out 1,000 free SIM cards with unlimited 4G data to trial participants in the coverage area.

In September 2015, the company submitted its bid for the New Entrant Spectrum Auction (NESA) along with two other companies - Australian telco TPG Telecom and Singapore start-up airYotta. Of the three, only MyRepublic and TPG were pre-qualified to participate in the NESA.

MyRepublic participated in the NESA in December 2016, but ultimately exited the auction at S$102.5 million and ceded the license to TPG, citing concerns that bidding higher would not make sense for its business case.

In May 2017, reports emerged that MyRepublic was looking for private equity backing to bid for Singaporean telecommunications company M1, which would allow it to get back into the Singapore Telco market despite losing the 4th telco license. In a press conference later that year, MyRepublic confirmed the report but added that it was no longer interested in buying M1 and that it would seek to offer mobile services as a mobile virtual network operator (MVNO) instead.[ citation needed ]

Mobile services offering

In May 2018, MyRepublic announced that it had formed a Mobile Virtual Network Operator (MVNO) agreement with local telco StarHub, enabling it to offer mobile services using StarHub's mobile infrastructure. In June 2018, MyRepublic rolled out three new mobile price plans, starting from S$35/month. Offering a "boundless" data offering, the plans allowed customers to continue to consume data at reduced speeds once they hit the data limit of their plans without additional charges.

In October 2020, MyRepublic and M1 Limited (M1) signed an agreement for MyRepublic to deliver an enhanced suite of mobile services as a Mobile Virtual Network Operator (MVNO) using M1's mobile network infrastructure.

In January 2023, MyRepublic announced its foray into 5G and introduced their 5G plan offerings using StarHub's 5G Standalone/4G/3G infrastructure. MyRepublic's 4G plan offerings will continue to be using M1's 4G/3G infrastructure. [45]

Gigatown competition

In 2017, MyRepublic launched the "Gigatown" Competition to connect Australia's first town to consumer-grade 1 Gbps gigabit service. MyRepublic wanted to demonstrate the benefits of ultra- fast next generation fibre and the benefits it could deliver to consumers and small businesses. [46] MyRepublic ran the Gigatown petition and gathered over 6,000 responses from individuals who expressed their feelings towards how they felt about their current internet speeds. MyRepublic began offering their 1 Gbit/s speed tier packages to Wollongong at A$129/month with unlimited data as part of their Gigatown Competition. At the end of 2017, MyRepublic expanded and launched NBN Small Business products to market. [47]

MyRepublic announced to its customers on the 24 January 2023, that it would be exiting the Australian fixed broadband market and transferring customers to Superloop.

Indonesia

In July 2015, MyRepublic launched in Indonesia, marking MyRepublic's second overseas expansion after New Zealand. MyRepublic began offering broadband services in nine areas in Indonesia. [48]

In 2021, MyRepublic Indonesia targeted enterprise space and increased its service offerings for this customer sector to include cybersecurity.

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