MyRepublic
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| Private | |
| Industry | Telecommunication |
| Founded | 2011 |
| Headquarters | Singapore |
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Number of employees
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Approximately 230 |
| Website | myrepublic |
MyRepublic is a multinational Internet company headquartered in Singapore. The company was formed to leverage Singapore’s Next Generation Nationwide Broadband Network (Next Gen NBN). Since its initial launch in 2011, the company has expanded to three other countries - Australia, New Zealand and Indonesia. MyRepublic primarily offers fibre broadband services in all four countries as well as ADSL plans in Australia, VDSL services in New Zealand, and cable TV packages in Indonesia. The company has a combined subscriber base of 200,000 across the four countries.
MyRepublic was co-founded in 2011 by Malcolm Rodrigues, a former Vice President of StarHub International and Wholesale; KC Lai, a former StarHub Senior VP of Consumer Sales; and Greg Mittman, previously a lead of Alcatel-Lucent's National Broadband Network Team. The company launched with fibre internet plans offering speeds of up to 150 Mbps.
In 2012, the company had 32 full time staff in its employ, 450 resellers of their services, around 10,000 subscribers and more than SGD $5 million in revenue. Rodrigues attributed the growth of the company to its “thin operator model” which does not rely on costly legacy infrastructure. In February, the company launched GAMER packages, becoming the first Internet service provider in Singapore to offer fibre broadband plans specifically catered towards gamers.
In 2013, MyRepublic launched Teleport, a VPN-like service, which allowed users to stream content from online services from around the world like Hulu, Pandora, Netflix and BBC iPlayer using non-traditional VPN methods. The company also opened its flagship store at Ang Mo Kio Hub. By then, MyRepublic held a 17 percent market share of the fibre broadband consumer market and established itself in a short time as a disruptive influence.
In January 2014, MyRepublic launched its 1Gbps fibre broadband plan, a move which made Singapore the world’s first country to offer 1Gbps on a nationwide basis. At $49.99 per month, the plan was eight times cheaper than local telcos M1 Limited and StarHub were then offering. The introduction of this plan initiated heavy price competition amongst the telcos, and by year end, both M1 and Singtel lowered their 1 Gbps fibre broadband plans to price points similar to of MyRepublic. MyRepublic also announced its entry into the New Zealand ISP market.
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Wikipedia