MyRepublic offers free 2-month trial amid competitive market

SINGAPORE – Amid the price war in the high-speed fibre broadband market, three-year-old start-up MyRepublic has upped the ante by offering a free two-month trial of its 1Gbps plan, with no sign-up or cancellation fees.

The Internet service provider (ISP) first made headlines last year by offering its 1Gbps plan at only S$50 a month - a move that prompted other ISPs to slash prices.

Announcing the trial today (March 18), MyRepublic also gave more details about its bid to become the fourth telco. The company said it will bid for the 4G spectrum in an auction which is likely to take place by year-end. Mr Yap Yong Teck, MyRepublic’s managing director, said that if his company succeeds in its bid, it will fight for a market share of about 10 per cent. It is in the midst of looking for Singaporean and foreign partners, and coming up with a funding model. Details will be unveiled by the third quarter of this year, said Mr Yap.

The Infocomm Development Authority said it is assessing the industry’s feedback regarding the proposed allocation of spectrum for mobile broadband services and options to enhance competition in the mobile market. It added that it will release it decision soon.