MyRepublic turns up the heat on incumbent telcos, bags $23m funding deal

It has tripled its subscriber base since 2014.

Bent on barging in as Singapore's 4th mobile operator, MyRepublic's impact in the region and its business model has attracted numerous investors, the most recent of which is Brunei’s largest telco, DST.

DST was also drawn by the budding telco's exploration of small cell LTE technology which forgoes large and expensive base towers over cost effective LTE units. This will provide better coverage in enclosed spaces and inside moving vehicles.

“Our vision is to build an operator that can survive with 8% market share in Singapore, so there’s a lot to learn from DST’s success in a market with just around 70,000 households and 400,000 customers," said Malcolm Rodrigues, CEO of MyRepublic.

Meanwhile, MyRepublic has also been upping its regional growth and has since expanded to New Zealand. It also plans to further expand to other regional markets such as Australia, Indonesia and Malaysia.