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Malaysia has one of the highest broadband penetration rates in ASEAN according to the UNICEF
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Although Malaysians are highly connected to the Internet, it seems that consumers have been paying more for lesser speeds compared to broadband rates in other countries
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Telekom Malaysia, the nation's biggest Internet service provider says the high cost of Internet connectivity is influenced by factors like the size and geographical factors of the country
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Singaporean telco MyRepublic aims to change that by disrupting the Malaysian telco market
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The company's CEO, Malcolm Rodrigues wants to offer Malaysians speeds of 100Mbps between RM60 to RM70 a month. In comparison, TM's 1Mbps Streamyx package retails at RM116.60 per month.
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Right now, Rodrigues is waiting for Malaysian regulation to allow his business to enter Malaysia, which he expects will take place from now until 2018
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The Singaporean based company in the past has successfully disrupted the Singaporean market by offering consumers 1Gbps speeds for just S$49 a month. This was a huge deal considering the same package offered by competitors was around S$395.90.
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