Singapore’s MyRepublic prepares for ‘disruptive’ Australia launch
12 August 2015 |
Singapore-based fibre broadband start-up MyRepublic has revealed plans to launch services in Australia, in a move designed to disrupt the market, the company’s CEO Malcolm Rodrigues told local reporters.
MyRepublic began offering services in Singapore in 2011, and now that it is on target to become the country’s fourth operator, it is planning to launch purely fibre-to-the-home (FTTH) services in Australia.
David Thodey, outgoing chief executive at Australian giant Telstra, has named Tier-3 disrupters like MyRepublic as one of his biggest worries, over both national rivals TPG and Optus.
The start-up has already entered the markets of New Zealand and Indonesia, and now plans to offer a 100Mbps service to customers in Australia with services due to launch by mid-2016.
“We've kind of re-engineered the economics of telcos and this is what David Thodey was talking about,” Rodrigues said.
“We’re going to come in with an unlimited megabit per second offer at the $80-$90 per month range.”
Rodrigues also used expletive language to slam parts of the country’s $41 billion national broadband network roll-out.
“On FTTN we’ll market 100Mbps and when people come over we’ll say ‘sorry, thank your government that you’re on a **** network and the most you can get is 20-30Mbps, we will continue to lobby your government to turn it into a fibre-to-the-home one and as soon as you get there we’ll get you a free upgrade to fibre’,” Rodrigues told local media.
In March this year, Telstra submitted proposals to the Australian regulator for the migration of its local access networks to the NBN.