StarHub completes full acquisition of MyRepublic broadband business for S$105.2 million
The transaction, worth S$105.2 million , comprises S$94.3 million for shares and S$10.9 million for operational assets, according to a Singapore Exchange (SGX) filing.
The purchase includes the MyRepublic brand in Singapore and certain key assets associated with its broadband business and operations.
StarHub said the acquisition strengthens its multi-brand, multi-segment approach, enabling greater service differentiation and cross-product bundling for customers.
Chief executive Nikhil Eapen described the deal as 'an acceleration' rather than merely an acquisition, stating it builds on a 'strong foundation for growth'.
With full ownership, StarHub said it will be able to 'move faster, go further, and serve customers with greater clarity and care'.
Eapen noted that Singapore's broadband market is undergoing consolidation, with scale, quality, and resilience becoming increasingly important.
He added that smaller players without robust platforms may struggle to sustain operations, positioning StarHub as a provider of reliable and consistent services.
The deal follows Keppel's announcement on 11 August 2025 that it will sell M1's telecom operations to Simba Telecom for an enterprise value of S$1.43 billion (US$1.11 billion).
StarHub had initially acquired a 50.1 per cent stake in MyRepublic Broadband in 2022, after receiving regulatory approval from the Infocomm Media Development Authority.
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