The Infocomm Development Authority of Singapore (IDA) announced on Thursday, Feb. 18, 2016, they are finally allowing a fourth telco into Singapore's three-cornered oligopolistic market.

MyRepublic, which is currently a fibre broadband services provider, has put out a statement praising the move.

This is mostly because they have been making the most credible bid for this potentially lucrative fourth telco operator status for quite some time.

Their intentions have been made clear all along for the past few years, by pushing all the right consumer-pleasing buttons via their messaging.

MyRepublic said that if they became Singapore's fourth telco, they promise to increase monthly mobile data plans to 10GB and more, which should be the standard and not the exception.

They even promise to offer unlimited mobile data as an option, which they said "can be done".

And they have also promised to never charge for third-party apps such as WhatsApp and Skype.

Here's their statement in full:

As the philosopher Jagger once said, "You can't always get what you want. But if you try sometimes, you just might find you get what you need."

Over the past few years we have seen our data plans shrink to single digits and rallied over additional charges for using 4G.

Today we are extremely heartened by how the IDA has recognised the need to increase competition in the Singapore mobile market, to elevate the standard of services telcos provide to their consumers, and to take measured steps towards making Singapore a truly Intelligent Nation.

Now more than ever before MyRepublic is committed to becoming Singapore's 4th telco.

We look forward to participating in the 2016 Spectrum Auction.

Until then, there is still work to be done. We are working with investors to raise $250 million. We are in talks with a number of strategic partners to roll out a Next Gen pre-5G network. All of these preparations for the bid should be finished by April 2016.

It's going to be an exciting year.

Let's go make history.

Support us at my4thtelco.sg

Related article:

MyRepublic CEO: All 3 telcos didn’t realise cutting data plans from 12GB to 2GB pissed off so many people

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