Funds came from CLSA Capital Partners and Kamet Capital Partners.
Broadband market disrupter, MyRepublic, aims to be the new type of telco Singapore needs, its CEO Malcolm Rodrigues says.
MyRepublic details plans to deploy a Next Generation Pre-5G IoT-enabler network in Singapore
New CFO Lavinia Koh will provide her expertise to MyRepublic’s ambitious bid to become Singapore’s 4th mobile operator.
MyRepublic has launched what it claims is the world’s first self-provisioning plug-and-play wide area network service, MySDN Cloud VPN.
The IDA has made the decision, after two public consultations, to allow for a fourth telco to enter Singapore, even allocating a sizable spectrum block for the new entrant.
MyRepublic said it has raised S$23 million (US$16 million) in capital, with Brunei’s leading telecommunications provider DST a major investor in the current round.
MyRepublic, the Singapore-based fibre broadband player, is looking forward to when it can launch in Malaysia, confident that it will find a rich vein of customers.
Seasoned telco executive Michael Lai has joined Singapore’s fixed broadband player MyRepublic after the latter bought the Indonesian company Lai was working for in Jakarta.