Singapore’s Infocomms Development Authority (IDA) issued the final rules for the upcoming 4G spectrum auction and set a 1 September deadline for new entrants to submit applications, with proof they have sufficient funding. IDA also issued clarifications to queries relating to the 700MHz, 900MHz, 2.3GHz and 2.5GHz auction scheduled for early October.
Mobile World Live — Singapore’s MyRepublic CEO Malcolm Rodrigues claims it has already lined up SGD130 million ($94 million) of the SGD250 million in funding it needs to roll out a fourth network in the city-state and denied it has financial problems.
Mobile World Live — Consistel, a regional wireless network provider planning to bid for Singapore’s fourth mobile licence later this year, reportedly has lined up commitments for as much as $400 million of the nearly $1 billion it aims to raise and expects to secure the remainder this month, according to a report by Maybank Kim Eng.
Scoop — Following Netflix’s international expansion into 130 new countries, Internet Service Provider (ISP) MyRepublic has debuted on the Netflix Speed Index this month, ranking 1st in this measure of Netflix prime time performance for Singapore and Indonesia, as well as achieving the top score for the Asia Pacific region.
Straits Times — Ten months after his appointment as StarHub’s chief financial officer, Dennis Chia finds he has grown into the role. “Over the past 10 months, I’ve seen changes in the way I react to things – taking a few steps back to assess a situation and adjusting my approach to achieve the same results. I would definitely say I’ve gotten a little more patient too,” he said reflectively.
Telecom Asia — Singapore’s MyRepublic has been found to provide the fastest average streaming speeds among ISPs in 12 APAC countries in Netflix’s first ISP speed index for the region. MyRepublic provided average streaming speeds of 3.78Mbps under Netflix’s calculations, narrowly beating out StarHub Fiber at 3.71Mbps.
Tech in Asia — These things just don’t happen, but it did. MyRepublic, an internet provider that’s in the running to be Singapore’s fourth telco, just backed a Singapore-made game on Kickstarter. It’s a small amount – US$3,600 to be exact – but it’s the symbolism that matters. The game is Masquerada: Songs and Shadows, made by Singaporean studio Witching Hour.
Tech in Asia — I mean really, who didn’t see this coming? Startup broadband provider MyRepublic rocked the boat something fierce yesterday when it promised to introduce a super cheap data plan (2GB for S$8, or US$5.80, per month) and an unlimited data plan for S$80 (US$58) per month. That’s if it is successful in its bid to become Singapore’s fourth telco.
Telecom Asia — A price war has erupted in Singapore for the first time in four years, as operators seek to stay competitive by lifting their data allowances. SingTel recently introduced a new add-on plan giving customers the option of doubling their mobile data allowance for an extra S$5.90 per month, theStraits Times reported.
Mobile World Live — MyRepublic, which aims to bid for Singapore’s fourth mobile licence later this year, insists that its lower cost base and plans to return to unlimited data tariffs mean it can start small and still be profitable within three years, Bloomberg reported. The ISP is targeting 250,000 customers in its first year and 700,000 users, or a 9 per cent share within three years, said CEO Malcolm Rodrigues in an interview with Bloomberg.
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”.
Smartphone owners in Singapore subscribe to either SingTel, StarHub, or M1, the country’s three major telcos. Now, MyRepublic has declared interest to be the fourth player. Its key attraction? A 4G mobile plan with “unlimited” data, which is practically unheard of in Singapore. “Global experience from other markets shows that markets with three mobile operators – typically characterized by a lack of price competition, mediocre quality of service and pent-up innovation – can be made to deliver more value to consumers by the introduction of a fourth mobile operator,” it says in a not-so-subtle dig at the incumbents.