Tata Communications , a leading global digital infrastructure provider has said that it has partnered with the Singaporean TelcoTech platform company MyRepublic as it looks to expand its offering from home broadband to mobile services. The cloud-based Tata Communications MOVE™ platform helps MyRepublic become a mobile virtual network operator (MVNO) without having to make any capital investments in its own mobile network infrastructure or service management . The global MVNO market is expected to be worth USD 75.25 billion in the next five years, growing at CAGR of 7.4 per cent between 2015 and 2023.
MyRepublic looks to capitalise on this growth by becoming Singapore’s first cloud - based MVNO supported by the Tata Communications MOVE™ platform. MyRepublic’s new mobile services are now available locally in Singapore , with plans to launch this offering in Australia, New Zealand, Indonesia and other countries in the future. Meanwhile, shares of the company were trading at Rs 605.95 apiece up 0.17 per cent from the previous close at 10:07 hrs on BSE.
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