Despite losing out to Australian telco TPG Telcom last year in its bid to become Singapore's fourth telco, MyRepublic today confirmed its plans to offer mobile services here as early as October this year.
MyRepublic CEO, Malcolm Rodrigues, confirmed that he has engaged in talks with all three telcos and has, in fact, already signed an agreement with one of them (but would not say who), for a MVNO (mobile virtual network operator) license. This would let MyRepublic use the infrastructure of an existing telco, while providing its own mobile services and plans. This service would be similar to existing MVNO Circles.Life, who utilize M1's network.
Mr. Rodrigues said that MyRepublic will announce details of its mobile offerings sometime in August. For now, all he will say is that MyRepublic will offer "generous mobile data" in Singapore.
Mr. Rodrigues also took the opportunity today to set the record straight on rumors that MyRepublic had plans to buy M1, saying: "We are not buying M1, because we are not a telco" instead emphasizing that MyRepublic is an "Internet platform company."