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[Tempatan]
Telco Deep Dive: Singapore’s MyRepublic eyes Malaysian market! rm60-70 100mbps?
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SINGAPORE-based MyRepublic is pretty much a disruptive fibre broadband player in South-East Asia, and its chief executive officer Malcolm Rodrigues (pic) loves one trend that seems to accompany any market deregulation in the telco space.
“Every time you have a deregulation event in the market, from opening up the long-distance market in the United States in the 1980s, to the local loop unbundling 15 years ago, also in the States, you can see 30% of the market leaving incumbents in virtually every country.
“This is even if you, as a new service provider, are poor at what you do and are a crappy, boring company,” he quips.
Significantly, he says “We are starting to see the same trend in Singapore.”
Naturally, as MyRepublic is neither a crappy nor a boring company. Rodrigues’ goal is to take as much of the 30% as possible in a market where it made a huge splash by offering 1Gbps at a disruptive price of S$49 (about US$36) a month, in May 2014.
Singapore rival StarHub was offering the same service at S$395.90 (US$294) then.
By February 2015, every fibre broadband player in Singapore was offering the service at prices ranging from S$49 to S$69.90 (US$52).
The good news for Malaysians who believe they are paying too much for their fibre broadband services is that Rodrigues is planning for MyRepublic to serve the Malaysian market as well.
“We want to offer 100Mbps at between RM60 and RM70 (about US$16 and US$19) a month,” says the self-professed serial entrepreneur, who launched MyRepublic after having raised S$2.5 million (US$1.9 million) from 21 investors.
Note that dominant broadband player Telekom Malaysia’s current 1Mbps + voice package stands at RM116.60 (US$32).
Small wonder that Rodrigues says, “We want to be very, very disruptive in the market.”
But the caveat to fulfilling this disruptive role is that the regulatory environment has to make sense for Rodrigues.
Specifically he is waiting for Telekom Malaysia (TM) to open up its network access sometime around 2015-2016.
When it was pointed out that TM had already partnered with some telco players which were using its high-speed broadband network, Rodrigues explains that he does not believe in doing wholesale deals with incumbents. “I think they end up screwing you!”
He says he expects MyRepublic’s market entry into Malaysia towards the end of 2015 or early 2016. It is currently in Singapore and New Zealand.
To assist its Malaysian and regional expansion, the company has hired seasoned Malaysian broadband executive Michael Lai to join its team.
One big strength of MyRepublic that allows it to make a profit, even when selling broadband for a low price, is the fact that the organisation is tight.
Comparing telco giant Singapore Telecommunications (Singtel) with MyRepublic, the former has almost 10,000 staff in Singapore, while MyRepublic can cover the entire island with broadband with 88 staff.
Rodrigues says he runs the company in a “very lean and mean model.” He believes this allows MyRepublic to compete with the telcos whose business models epitomise rigidity.
For instance, MyRepublic’s IT, Product, Support and Finance divisions support both New Zealand and Singapore, and will handle Australia as well when it launches there in the third or fourth quarter. He is currently raising a US$20-million round of funding to help execute the expansion there.
But for Malaysians, it is his impending launch here that is going to excite them and increase the pressure on the incumbents!
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Author |
Post time 31-10-2015 04:30 PM
From the mobile phone
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https://www.digitalnewsasia.com/mobile-telco/telco-deep-dive-singapore-myrepublic-eyes-malaysian-market |
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malaysia dasar monopoly kroni melampau, bugima jilakee |
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mimpi la, taiko2 umno x mungkin biar sinkapork masuk dgn begitu senang la... |
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Author |
Post time 31-10-2015 04:43 PM
From the mobile phone
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nk suh telekom bnkrup masok bende ni? |
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Bole je masuk tp syarat kene sewe backbone n cable sedia ade yg dh TM buat. So end up ko tk kkan bole bg service lebih murah dari TM |
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semoga NTT Docomo masuk mesia... |
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TuntungReturn replied at 31-10-2015 04:43 PM
nk suh telekom bnkrup masok bende ni?
Ayol rasa tm digi maxis celcom boleh bersaing dgn mereka ni...
Worst case.. merge aje ler. Contoh tm.maxis.celcom merge jd satu entiti. Digi.p1.axiata merge 1 entiti
Pastu singtel ke. Republic ke.. vodafone ke.. bring it on.. |
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besynya klu ada yg lagi laju dan MURAH dari strimik lahabau nih |
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ada aritu orang tm call
tanya kenapa beri theyols rating low
kaka pun kata, nak fix disconnection issues mengambil masa 3 bulan
bagaimana nak bagi 10/10
sampai terpaksa langgan maxis broadband sebagai backup..
streamyx ni memang lahabau selahabaunya..
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Dasar penswastaan dan monopoli yg merugikan rakyat |
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msia kan nak sign TPPA.. kemungkinan itu ada... |
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Infra fiber pun kena pakai local telco punya camne nak offer murah dan laju
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DIorang nak bina infrastruktur fibre from scratch? Anda pasti myrepublic ada duit sebanyak TM?
TM: Broadband capex declining
APR/12
09
0 LIKES
TELEKOM Malaysia Bhd ™, the country’s largest fixed-line company, expects to spend about RM1 billion on high-speed broadband (HSBB) network next year, as it is banking on it to maintain its broadband leadership.
The company, which allocated some RM1.4 billion in capital expenditure (capex) last year, expects slightly lower capex this year.
“Moving forward, we expect this (capex) to continue to go down,” said TM group chief executive officer Datuk Seri Zamzamzairani Isa in an interview last week.
Lower capex will help improve the company’s margin in the future. This is critical as the government’s contribution for the RM11.3 billion HSBB project ends this year.
The project launched in 2008 is a public-private partnership in which TM is investing RM8.9 billion over 10 years while the government is coinvesting RM2.4 billion.
So far, the government has paid RM2.2 billion (of the RM2.4 billion) to TM.
“There’s only like RM200 million left in terms of contribution from government,” added Zamzamzairani.
It means starting next year, TM will self-fund the continuous rolling out of HSBB network and demand will decide the rollout.
Under the HSBB agreement with the government, TM had agreed to blanket 1.3 million premises passes with its HSBB network by the end of 2012. To date, the company has covered about 1.18 million premises passes.
“We are on track to meet our commitment,” he said.
Besides rolling out HSBB network, capex will also be used to build a submarine cable connecting Peninsular Malaysia and Sabah and Sarawak, as well as expanding its fibre footprint there. The cost for the submarine cable has yet been finalised.
Nevertheless, Zamzamzairaini stressed that the company is willing to invest more on network if there is a business case and such action would not hurt its balance sheet.
“We still have headroom for borrowings,” he said.
The launch of HSBB services is critical to TM’s future growth and to some extent, its survival. During the past years, the company has seen its fixed-line voice revenue declining.
Once its bread and butter, the voice business now contributes about 40 per cent of its total revenue. Non-voice businesses such as broadband constitute 60 per cent of TM’s sales.
The company, which posted a net profit and revenue of RM1.19 billion and RM9.15 billion, respectively, for the full-year ended December 31 2011, expects revenue to rise by 5 per cent this year, at an Ebitda (earnings before interest, tax, epreciation and amortisation) margin of 32 per cent.
TM’s shares rose 0.97 per cent to RM5.23 last week. So far this year, its shares have gained 4 per cent, as compared with the benchmark FTSE Bursa Malaysia KLCI which has risen 2.6 per cent.
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Moga tak jadi macam ABNxcess.. |
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xAthenax replied at 31-10-2015 11:54 PM
ada aritu orang tm call
tanya kenapa beri theyols rating low
kaka pun kata, nak fix disconnectio ...
mabuk ketum ah sesape yg bg rate 10/10 hahaha.. tp nk wat cmne.. xde pileyhan sgt... |
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betol. inilah yang melanda telco2 seperti celcom, maxis, and digi..
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Maki nampak hihihihi gurau aje.
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tak leh gurau duk surau okk
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Post time 31-10-2015 04:29 PM
变色卡
