Singapore could gain fourth telco
26 June 2014 |
The Singapore telecoms market looks set for a shake-up as a fourth telco is reportedly preparing for entry.
The existing market comprises SingTel, M1 and StarHub, but according to local reports, two-year-old local broadband services provider MyRepublic is preparing to launch mobile services in the country.
MyRepublic is allegedly leveraging island-wide fibre connections for the launch, and is budgeting up to $250 million for the first 12-18 months to deploy the network.
The network is expected to be based on 4G, but the telco will need to secure airwaves and roll out base stations before it can offer mobile services.
MyRepublic is expected to be welcomed by consumers and government alike, the latter of which has long tried to introduce more competition into the industry – its 4G auction in July 2013 being a prime example.
Earlier this month, SingTel launched its 4G mobile broadband service in Singapore, in partnership with Ericsson.
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