Singapore-based wireless systems designer and installer Consistel is reportedly set to rival local ISP MyRepublic to become the country’s fourth mobile network operator.
Consistel, which also has offices in Indonesia and the Philippines, has expressed…
Singapore-based wireless systems designer and installer Consistel is reportedly set to rival local ISP MyRepublic to become the country’s fourth mobile network operator.
Consistel, which also has offices in Indonesia and the Philippines, has expressed an interest in competing alongside existing players SingTel, StarHub and Axiata’s M1 as an MNO, Singapore’s Business Times reported.
Consistel, whose clients include the three existing local MNOs, was not immediately available for comment.
MyRepublic applied in June to become a new mobile entrant after the country’s regulator requested feedback on the allocation of spectrum to enhance mobile competition.
The ISP, in which French billionaire Xavier Niel invested S$10m (US$8m) in July, has been a disruptive force in the country’s broadband sector, offering lower prices than its competitors.
CEO Malcolm Rodrigues said Niel and Sinar Mas-owned Indonesian telco Sunshine Network became new shareholders in the company after investing a total S$30m (US$24m).
The investment was said to be necessary to fund MyRepublic’s ambitions to provide mobile services in Singapore and expand to New Zealand and Australia.
