Singapore – StarHub has acquired the remaining 49.9% stake in MyRepublic’s flagship broadband business, giving it full ownership of the division effective today.
The two companies first partnered in 2021, when StarHub purchased a 50.1% stake for an initial consideration of S$70.8 million. Over the past four years, the collaboration has combined StarHub’s scale and resources with MyRepublic’s innovation-driven approach, contributing to steady growth in market share and profitability.
“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.”
The latest acquisition, which also includes certain other complementary parts of MyRepublic’s business, was completed for a consideration of S$105.2 million.
Rodrigues expressed his appreciation for stakeholders, saying, “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.”
He added, “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.”
MyRepublic’s other operations, including its mobile businesses in Singapore and New Zealand under the MyRepublic and Rocket Mobile brands, as well as its platform and digital arm, MyRepublic Digital, will continue unaffected. The company assured non-broadband customers that services will remain uninterrupted and are expected to improve.
Meanwhile, Nikhil Eapen, chief executive at StarHub, commented, “This isn’t just an acquisition. It’s an acceleration. We’ve laid a strong foundation for growth and with MR Broadband fully under our wing, we can move faster, go further, and serve customers with even greater clarity and care.”
“We’re in a phase of consolidation and we’re not just watching it unfold, we’re shaping it,” added Nikhil. “As the market shifts, scale, quality, and resilience matter more than ever. Smaller players may find it harder to sustain, especially without robust platforms. Our role is to step up to provide the reliability, performance, and consistency that customers deserve at a time when they need it most.”
