Singapore broadband operator, MyRepublic has launched a platform-as-a-service standalone company, MyRepublic Digital.
The new company would cater to the BSS (Business Support Systems) and OSS (Operations Support Systems) needs of telcos and digital brands, the company said in a statement.
It has appointed industry veteran Jason Ong as CEO of the new venture.
Ong has more than 20 years of experience and was previously APAC region head of Tech Mahindra's communications, media and entertainment business.
Prior to that, Ong was part of the original start-up team of Convergys in Asia and also led a joint venture with Asiainfo China, the largest BSS company in China.
The new company will offer customers MyRepublic’s flagship product Encore which is an in-house developed, cloud-native digital platform for BSS and OSS services catering to the needs of asset-light telcos.
Ong said: “We have a proven business model that would help unlock value… and we are now ready to help other similar companies do likewise.”
He added that the Encore platform comes pre-configured and ready out of the box, “offering unmatched deployment times and cost-efficiencies for telco operators looking to enter new markets”.
MyRepublic’s CEO and co-founder, Malcolm Rodrigues, said with “network disaggregation and nationalisation becoming commonplace worldwide, there was a growing need for operators to pivot away from infrastructure-based models and digitalise”.
“We developed the playbooks, expertise and digital services to do that when we built MyRepublic and today we see the culmination of a decade’s worth of effort with the launch of MyRepublic Digital,” Rodrigues said.
According to MyRepublic, the Encore product was initially developed in 2012 as a “purpose-built” platform for the company.
In 2016, MyRepublic deployed Encore as its BSS/OSS platform when it entered the Australian market and in 2020 a global mobile operator deployed the product in Brunei.
MyRepublic operates telecom infrastructure in Singapore, New Zealand and Australia. It is also a mobile virtual network operator (MVNO) operator in Singapore.
In September last year, Singapore telco StarHub acquired a 50.1 percent stake in MyRepublic’s broadband business in Singapore.