SINGAPORE - Fibre broadband operator MyRepublic said it will charge consumers as little as $8 a month for a mobile plan - the cheapest available - should it become the fourth telco here. The cheapest comparable plan in the market now costs about $20.
Its broadband customers will get a better deal at $6 month. But this plan comes with only 2GB of mobile data and a chargeable add-on voice service. The price for the add-on has not been determined.
Rival Singtel's line-only plan, that comes with 2 GB of mobile data, costs $20 a month, whereas StarHub charges $$21.45 a month for its line-only plan that comes with 3 GB of data. M1's 3GB line-only plan costs $30.
MyRepublic's unlimited data plan will cost $80 a month. Rival telcos do not have unlimited plans, with the larger data bundles of 12 GB and more costing more than $100 a month.
MyRepublic, which issued a statement on its plans on Wednesday(March 9) is accepting registration of interest at the IT Show, which will open tomorrow (March 10). The four-day show is held at Suntec City.
Mr Clement Teo, a senior analyst at market research firm Forrester, said: "It is a bit premature for MyRepublic to announce plans even before they get a telco license. It may just be a publicity stunt."