M1 (formerly: MobileOne)

[YMPL]

IMHO, the telco is very likely M1. M1 infra has the excess capacity and business model with MVNOs, unlike the rest of the telcos.

MyRepublic to become an MVNO telco, not interested in buying M1; to IPO in 2018-19
06 Jul 2017 12:55
By Amit Roy Choudhury

SETTING to rest months of speculation, fibre broadband services player MyRepublic said on Thursday that it is not interested in buying telco M1. Instead, in order to fulfil its mobile telco aspirations, the company will become a mobile virtual network operator (MVNO) in Singapore, buying mobile bandwidth wholesale from one of the telcos. The company's mobile services are likely to start later this year, probably in October.

MyRepublic is also planning an initial public offering (IPO) towards the end of next year or early 2019. The size of the float or the listing stock exchange has not yet been finalised. MyRepublic CEO Malcolm Rodrigues said that the IPO proceeds will, among other things, help finance the growth of the company to eight other markets in the South-east Asian region, especially in countries that are currently rolling out fibre broadband networks or are looking to do so. The company already operates - apart from Singapore - in Indonesia, Australia and New Zealand.
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Source: Business Times Breaking News