MUMBAI: Tata Communications has inked a deal with Singaporean TelcoTech MyRepublic as it looks to expand its services portfolio from broadband to mobile.
While MyRepublic's new mobile services are now available locally in Singapore only, it wants to venture into Australia, New Zealand and Indonesia in future.
The cloud-based Tata Communications MOVE™ platform will enable MyRepublic to become a mobile virtual network operator (MVNO) without having to make any capital investments in its mobile network infrastructure or service management.
MyRepublic is also looking to capitalise on the growing MVNO market, which expected to be worth US$ 75.25 billion in the next five years. With support of Tata Communications MOVE™ platform, the company wants to transform itself into Singapore’s first cloud-based MVNO.
“The MVNO market is consolidating and within the next five years, 80% of existing MVNOs using a traditional ‘thick model’ will struggle in a market that is transitioning to the cloud,” GlobalData Asia Pacific Research head Dustin Kehoe said.
Tata Communications MOVE™ also will power MyRepublic’s dynamic mobile plan offerings through its core network offering and end-to-end service management.
“Yet the resources needed for building and managing your own mobile network, as well as the services on top, is preventing many from taking the plunge. Tata Communications MOVE™ eliminates the cost and complexity of becoming an MVNO, helping ambitious companies like MyRepublic deliver innovative mobile services, anywhere in the world,” Tata Communications chief product officer Anthony Bartolo said.
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