SINGAPORE -
Media OutReach Newswire
- 12 August 2025 - MyRepublic today announced that StarHub has acquired
the remaining 49.9% stake in MyRepublic's flagship broadband business.
From today, StarHub has full ownership of the broadband business.
The two companies began their partnership in 2021, with StarHub
acquiring a 50.1% stake for an initial consideration of S$70.8 million.
Over the past four years, this collaboration has combined StarHub's
scale and resources with MyRepublic's innovation DNA and customer-first
approach, driving steady growth in market share and profitability in the
broadband division.
"MyRepublic has always sought to push the boundaries of what's possible
in connectivity," said Malcolm Rodrigues, Founder & CEO of
MyRepublic . "As a premium broadband provider especially popular with
gamers and customers who care deeply about speed and reliability, we
were the first to launch 1Gbps residential broadband in 2014, helping
Singapore become a 'Gig-Nation'. Together with StarHub and with the
support of IMDA's NBN 2.0 initiative, we were again first in bringing
nationwide 10Gbps to market."
With effect from today, StarHub has purchased the remaining 49.9% stake,
together with certain other complementary parts of MyRepublic's
business, for a consideration of S$105.2 million.
Rodrigues added "I want to thank MyRepublic customers, employees,
partners, regulators, and investors for the opportunity to build this
business. Together we've reimagined telecom in Singapore and the
region."
"StarHub shares the same customer obsession that has always driven
MyRepublic, and our combined vision over the past four years has been a
powerful force in delivering this success, and we are safe in the
knowledge that the MyRepublic team will continue to deliver innovation
and excitement to Singapore's broadband consumers under StarHub's
stewardship", said Rodrigues.
The other operations and business of the company, mobile businesses in
Singapore and New Zealand, under the MyRepublic and Rocket Mobile brands
respectively, as well as its platform and digital business, MyRepublic
Digital, will continue as usual. The non-broadband customers can be rest
assured that they will continue to enjoy MyRepublic services which will
only continue to improve.
https://myrepublic.net/sg/
https://www.linkedin.com/company/myrepublic
https://x.com/myrepublic
https://www.facebook.com/MyRepublicSG/
https://www.instagram.com/myrepublicsg/