Tata Communications is working with the Singaporean TelcoTech platform company MyRepublic 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 $75.25 billion in the next five years, growing at CAGR of 7.4% 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.
“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,” said Dustin Kehoe, Head of Asia Pacific research, GlobalData.
Through its core network offering and end to end service management such as billing, Tata Communications MOVE also enables MyRepublic’s dynamic mobile plan offerings, including Boundless Data. Boundless Data is a key feature which ensures data package continuity at no additional cost for customers even after their pack limit has been reached, addressing it through reduced speeds and provisions of optional full speed booster packs. This will empower customers with better user experience through service continuity, greater control on data usage, and billing transparency.
“People’s insatiable appetite for mobile connectivity anywhere, anytime, means that there are huge opportunities for ISPs (Internet Service Providers) to generate additional revenues from mobile services both in their home market and in new geographies,” said Anthony Bartolo, Chief Product Officer, Tata Communications.
“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,” added Bartolo.
The API-enabled, cloud-based and fully automated Tata Communications MOVE platform is integrated with MyRepublic’s business processes, simplifying and accelerating the management of operations such as service activation, launching of new innovative services, new billing plans, special promotions and value-added services. Instead of making costly capital intensive investments in its own mobile network infrastructure,
MyRepublic as a lean agile operator, obtains this through Tata Communications MOVE platform. MyRepublic can also expand to new geographies easily and rapidly with Tata Communications MOVE ecosystem of mobile network PoPs in Asia and globally.
“We have always envisioned bringing our brand of digital-first, worry-free mobile services to the market,” said Malcolm Rodrigues, Chief Executive Officer, MyRepublic.