SINGAPORE, StarHub has acquired full ownership of MyRepublic’s broadband business in a S$105.2 million (US$81.8 million) deal, the telco announced on Tuesday (Aug 12).
The purchase covers the remaining 49.9% stake in MyRepublic Broadband — on top of the 50.1% already owned — along with the MyRepublic brand in Singapore and key operational assets tied to its broadband operations. The deal includes S$94.3 million for the shares and S$10.9 million for the assets, according to a Singapore Exchange filing.
StarHub said the move strengthens its multi-brand strategy in the local broadband market, enabling service differentiation and cross-product bundling.
“This isn’t just an acquisition, it’s an acceleration,” said CEO Nikhil Eapen, noting that full ownership will allow the company to “move faster, go further, and serve customers with greater clarity and care.”
He added that Singapore’s broadband sector is entering a consolidation phase, where scale, quality and resilience are critical.
StarHub first acquired a majority stake in MyRepublic Broadband in 2022 with regulatory approval from the Infocomm Media Development Authority.
