Disruptive Singapore fiber operator MyRepublic has confirmed plans to launch in Australia by reselling services over the National Broadband Network, and aims to shake up the nation's entire broadband market.
MyRepublic CEO and co-founder Malcolm Rodrigues toldFairfax Media that the company will start building an Australian team this year, and is targeting a launch by mid-2016.
The company plans to go to market with an unlimited 100Mbps service costing in the A$80 to A$90 ($58-$65) range.
By comparison, TPG charges A$99 per month for a similar plan, Optus charges A$125 and incumbent Telstra doesn't even offer an unlimited service, charging A$135 for a plan with a 1TB allocation.
Rodrigues also expressed strong disappointment in the current government's decision to rely on FTTN and HFC for most of the network, rather than the previous government's initial plan for an FTTH network covering 93% of the population.
He said Australia risks falling behind in the global digital economy if it sticks to the target of a 50Mbps average connection by 2020.
MyRepublic offers fiber services in Singapore, and recently introduced the nation's first 1Gbps no-contract service. The company is also vying to become Singapore's fourth telco.
The operator is also busy expanding overseas. So far MyRepublic has launched services in New Zealand and Indonesia, and revealed plans to expand to Malaysia by early next year.