SINGAPORE: There are plenty of assumptions that would need to fall MyRepublic’s way, as well as a helping hand from local regulator Infocomm Development Authority of Singapore (IDA), before the fiber broadband provider can realise its goal of becoming the fourth telecom operator in Singapore. In an interview with Channel NewsAsia on Thursday (June 26), MyRepublic CEO Malcolm Rodrigues acknowledged that the road to become the new telco in an already-saturated market is fraught with obstacles. These range from regulatory constraints, to initial cost outlay, and likely resistance from the three incumbents – SingTel, StarHub and M1 – “all along the way”.
M1, Singapore’s third largest telco, has launched its 10Gbps and 1GBps fiber broadband services for businesses. Believed to be the fastest in Singapore, the 10Gbps plan caters to enterprises with high-bandwidth demands like data centers, financial institutions, and cloud service providers. Both plans are available from today, and M1 did not disclose prices for the 10Gbps service. Its 1Gbps plan costs S$996 (US$796) a month, and includes up to 10 access points and public wifi for guests. The price matches M1′s legacy business internet plans.