Max Fibre

Singapore eyeing fourth telco

The telecoms industry in – comprising , , and – could see a long awaited shake up as a new challenger gears up for entry.

Two-year-old local services provider is prepping to offer mobile services and will leverage its island-wide connections. The start-up is budgeting up to $250 million for the first 12 to 18 months to build the new mobile network, and is currently in talks from financial institutions and overseas telcos for funding, according to reports.

Before MyRepublic can offer mobile services, it will need to buy airwaves and roll out base stations to provide signal coverage, with the network expected to be based on 4G.

Read More… www.ig.com

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