The Singapore-based internet provider wants to disrupt the broadband market in the land down under
The Australian continent is known for a lot of wonderful things: picturesque sceneries; majestic waves; cute quokkas, koalas and kangaroos; Crocodile Dundee; and the late, great Steve Irwin.
One thing that it is infamous for is its abysmally slow and expensive broadband network. In fact, Australia was ranked 48th globally on Akamai’s State of the Internet report in Q1 this year. Even with the roll out its national fibre broadband network, a reported 80 per cent of users still experience ADSL-speeds.
Now, Singapore-based internet provider MyRepublic has announced that it is on a mission to deliver Australians from this transgression.
“Our goal is simple: to bring the full benefit of the nbnTM to everyone,” said Nicholas Demos, Managing Director at MyRepublic Australia, in an official press release. “MyRepublic will provide all our customers [with] the maximum nbnTM speed available at their location — up to 100Mbps. All of our plans will be unlimited and flexible, backed with local customer support, and available at a fair price.”
Also Read: MyRepublic’s mobile data plans: S$80 (US$57) for unlimited data; S$8 (US$5.7) for 2GB – Yay or Nay?
“We want to transform the broadband landscape in Australia,” said Malcolm Rodrigues, CEO of MyRepublic, “We know Australians have been hungry for better Internet for a very long time, and MyRepublic looks forward to driving a new era of connectivity here.”
A spokesperson from MyRepublic confirmed to e27 that the roll-out will be nationwide.
From now till 15 November 2016, Australians can visit the MyRepublic Australia website to pre-register their interest at myrepublic.com.au.
Currently, MyRepublic is available in three markets: New Zealand, Indonesia and Singapore. It first reported its interest in Australia back in February and said that it expects to hit 300,000 combined subscribers in all markets by the end of the year.
In June, MyRepublic said it raised S$130 million (US$95.7 million) of the S$250 million (US$184 million) amount required to become Singapore’s fourth full-fledged telco. It submitted its Expression of Interest (EOI) to IDA (now IMDA) in September and said it expected an answer by October.
No further developments have been reported on that front, yet.
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