IT Brief New Zealand logo
Technology news for New Zealand's largest enterprises
Story image

Homegrown talent to shake up NZ Fibre market

Thu 23 Jan 2014
FYI, this story is more than a year old

Internet service provider MyRepublic has today announced its entry into the New Zealand ISP marketplace, promising to change the game of the country’s UFB market.

Operating on the high-speed UFB fibre network, the company’s fibre broadband services will be offered from mid-2014 to residential and business subscribers.

According to its New Zealand Managing Director Vaughan Baker, MyRepublic aims to deliver to all its customers the full potential of the UFB.

Founded in 2011, over the last three years the MyRepublic business model has transformed the Singapore broadband market; now it looks set to bring its disruptive brand of innovation and competitive service offerings to New Zealand.

Baker is former CEO of the New Zealand Regional Fibre Group, a group that included NorthPower, Ultra Fast Fibre and Enable Networks, who, along with Chorus, are deploying the UFB network across New Zealand.

“New Zealand’s nation-wide UFB infrastructure is a national asset and a key enabler to our country’s economic and social progress over the coming decades,” he says.

“In order to earn our status as a “rock star” economy, we have to make optimal use of the UFB network.

“Three years into the UFB’s rollout, uptake of fibre services remains low. The incumbent providers seem focused on quibbling about copper prices.

“We at MyRepublic want to change all that: we understand how fantastic fibre broadband is and what it can bring to New Zealand consumers and businesses.”

UFB adoption…

Arguably the biggest economic and social technology enabler of a generation, adoption of the UFB initiative promises diverse nationwide benefits, including job creation, better public services, smarter innovation, and the pioneering of new business models such as those created by Xero and other innovative Kiwi companies.

From a consumer perspective, households with growing numbers of internet connected devices will be able to enjoy the benefits of much faster, more reliable broadband for entertainment, education, communicating with friends and family, and being able to work from home more effectively.

The UFB network is currently available to approximately one third of the 1 million premises that will be connected by 2019. Relative to the rollout, customer uptake has been slow, Baker says, “a behaviour similar to MyRepublic’s experience in Singapore, when there was no clear incentive for people to switch.”

“From an industry perspective, legacy copper networks are much more profitable, which explains why incumbent providers aren’t encouraging customers to move to fibre,” Baker adds.

“It’s up to us to introduce greater competition, to offer attractive services at affordable prices and help fibre really take off.”

Founded in Singapore, MyRepublic is a new brand of internet services provider purpose-built for UFB networks. Since the company’s entry into the Singapore market, fibre broadband prices have fallen significantly.

Today, MyRepublic is the first operator in South-East Asia to offer the world’s fastest fibre broadband consumer plans of 1 Gigabit per second (1Gbps) for under $50 per month -- a move that has made Singapore internet access one of the most connected and affordable in the world.

According to Baker, enthusiasm on the part of Kiwi investors in MyRepublic, and local partners who understand how the Singapore experience can be replicated for similar benefit, have been instrumental in bringing MyRepublic to New Zealand.

MyRepublic will deliver products and services purpose-built for New Zealand’s UFB network, by enhancing the experience of online content streaming, gaming and video-conferencing -- applications that enjoy a clear improvement over legacy copper networks.

As a start-up built on a customer-centric philosophy, MyRepublic would like to invite all New Zealanders to voice their opinions and ideas on what they would like to see from New Zealand’s first fibre-only ISP.

For more information visit the MyRepublic New Zealand website by clicking here

Related stories
Top stories
Story image
Cloud
Whispir reports significant revenue growth as CaaS market expands
Australian cloud platform Whispir has announced its financial results, reporting significant growth as it continues to introduce new Communications-as-a Service (CaaS) offerings to the market.
Story image
Mobility
Cradlepoint launches architectural extension of NetCloud solution
With this latest release Cradlepoint is focused on helping lean IT organisations with advanced SD-WAN and zero trust capabilities.
Story image
Solutions
Ivanti reveals potential ROI of 261% for Endpoint Management Solution
Ivanti has announced the results of a commissioned Total Economic Impact (TEI) study conducted by Forrester Consulting.
Story image
Collaboration
Schneider Electric launches Connected Services with Claroty
Schneider Electric is teaming up with Claroty to assist in maintaining cybersecurity for physical assets - a critical issue.
Story image
Microsoft
8x more users attacked via old Microsoft Office vulnerability in Q2
"Criminals craft malicious documents and convince their victims to open them through social engineering techniques."
Story image
Facial recognition
Benefits vs risks of facial recognition technology
Once a distant, futuristic concept, facial recognition technology is now found in many technological applications with a variety of different functions. 
Story image
Banking
Virgin Money works with 9Spokes to create custom offering
Virgin Money has worked with Kiwi SaaS 9Spokes to build a custom version of its business dashboard offering, M-Track, to generate stronger insights for the bank and its customers.
Story image
Biometrics
Can biometrics help? 123% increase in Gen Zs scammed online
In the three years leading up to 2022, the number of Gen Zs who fell victim to online scams rose by 123%, according to Ping Identity.
AWS Marketplace
Learn how security orchestration, automation, and response (SOAR) enhances your security strategy.
Link image
Story image
Artificial Intelligence
Concentric AI protects sensitive data with new capabilities
The new capability reveals sensitive data shared across email and business messaging platforms and highlights who has inappropriate access to content.
Story image
JLL
Investment in APAC cold storage to reach $5 in next decade
Investment in Asia Pacific’s cold storage market is expected to grow fivefold in the next decade, according to JLL.
Story image
Digital Transformation
Top tips for making your finance transformation program a resounding success
Planning to make 2023 the year you embark on a wholesale finance transformation program? It’s a move that will stand your enterprise in excellent stead as you navigate the complexities of the post-Covid business landscape.
Story image
Digital Transformation
Why it is imperative to keep up with technology advancements
Technology is constantly evolving, which is why digital transformations can often be complicated. What legacy items stay? Will the new and old work together? Or is there a whole new system that we need to introduce?
Story image
Firewall
Why printing security plays a vital part in keeping Aotearoa safe
While internet printing, mobile printing and other similar technologies have no doubt made things easier to manage, it has also brought a whole new set of problems to the table.
Story image
Ransomware
Sophos reveals latest ransomware trend impacting orgs
Sophos has announced in a new whitepaper that Hive, LockBit and BlackCat, three prominent ransomware gangs, consecutively attacked the same network.
Story image
Artificial Intelligence
Appier achieves historically high growth rate of 56% YoY
"Our strong momentum over the past two quarters underscores Appier's significant growth alongside our customers."
Story image
Tech job moves
Tech job moves - Fastly, INX, Kinly, SmartBear & Vectra AI
We round up all job appointments from July 29 - August 12, 2022, in one place to keep you updated with the latest from across the tech industries.
Story image
Cloud Security
Tenable makes additions to Cloud Security portfolio
Tenable has announced additions to Tenable Cloud Security that represent the next step in assessing threats related to cloud vulnerabilities.
Story image
Collaboration
Lacework launches new capabilities for better threat detection
Lacework has announced new capabilities that enable organisations to uncover more critical threats to their infrastructure and empower teams.
Story image
Artificial Intelligence
Gartner unveils key emerging tech to watch in 2022
"Such technologies present greater risks for deployment, but potentially greater benefits for early adopters," says Gartner.
Story image
MarTech
CM Group recognised as Best Overall MarTech Company
MarTech Breakthrough has ranked CM Group as the Best Overall MarTech Company for the third year running and Cheetah Digital as Best Overall Marketing Campaign Management Solution.
Story image
Digital Transformation
Federated change is the best path to digital evolution
Businesses that can successfully manage the exponentially expanding masses of data produced by modern consumers will be the businesses that survive and prosper.
Story image
Cybersecurity
CISOs need to consider a risk-based cybersecurity strategy
Rather than talking in terms of attack vectors and vulnerabilities, CISOs and security decision-makers must look at actual business risk.
Story image
Hybrid Cloud
The essential guide to digital transformation by SolarWinds
Digital transformation is a buzzword thrown around all the time by companies, but what does it actually mean and why is it important? SolarWinds breaks it down.
Story image
Mobiles
Demand grows for future-proof mobile access solutions
HID Global, in partnership with IFSEC Global, recently released the 2022 State of Physical Access Control report for the fourth year running.
Story image
Data
Workday research finds A/NZ organisations becoming leaders in digital agility
New research from Workday and IDC has revealed that Australia and New Zealand are becoming leaders in digital agility.
Story image
Augmented Reality
TeamViewer remote access software integrated into RealWear Cloud
TeamViewer has announced a major expansion of its partnership with RealWear, a leading provider of assisted reality wearable solutions for frontline industrial workers. 
Story image
Malware
Kaspersky uncovers new attacks by advanced persistent threat group
The attacks involved modifications of the well-known malware, DTrack, as well as the use of a brand-new Maui ransomware.
Story image
ROI
How to increase the success rate of business data projects
Amid changing economic conditions and uncertainties about supply chains and staff availability, it's never been more important for New Zealand organisations to be innovative.
Story image
Data analytics
Pressure on orgs to up their data analytics game - study
A recent report from Sisense highlights data transmission, analysis, and risk management remain top concerns for data professionals in APAC.
Story image
Email scams
HelpSystems shines light on impact of response-based threats
Response-based attacks targeting corporate inboxes have climbed to their highest volume since 2020, representing 41% of all email-based scams.
Story image
InternetNZ
How well do rangatahi understand cyber safety in Aotearoa?
Do rangatahi in Aotearoa understand the importance of being safe online, or has lifelong exposure to the internet resulted in widespread complacency?
Story image
Lucid Software
Lucid Software expands enterprise offerings with enhanced slack apps
Lucid Software has expanded its enterprise offerings with enhanced slack apps for its Lucidspark and Lucidchart technology.
Story image
Contact Centre
Treasure Data launches new customer experience functionality
Treasure Data has introduced a new strategic vision and product positioning for Customer Data Cloud, reflecting the company's focus.
Story image
Blockchain
Australian Grand Prix uses CENNZnet blockchain for fan experience
CENNZnet was employed by Power'd Digital to deliver the Formula 1 Heineken Australian Grand Prix's 2022 AusGP Access program.
Story image
DevOps
Dynatrace extends application security capabilities for runtime environments
Dynatrace has announced that it has extended its Application Security Module to detect and protect against vulnerabilities in runtime environments.
Story image
Data Protection
Safeguarding your financial data
As the digital revolution marches on, managing data security has never been more important. Here are five important steps to take toward better financial data security.
Story image
Data Protection
Advancing genomic sequencing and public health with digital infrastructures
Right before our eyes, we've witnessed the development of the COVID-19 vaccine in record time. An enormous achievement in an otherwise lengthy task that previously took, on average, 10-15 years.
Story image
Low-code
Video: 10 Minute IT Jams - An update from Mendix
Mendix is a low-code platform used by businesses to develop mobile and web apps at scale, and Jornt joins us today to discuss how these offerings work, and what benefit they have in the development process.
Story image
Artificial Intelligence
Is your chatbot bringing down the customer satisfaction score?
The top 10 reasons why chatbots are failing to meet customer expectations and what you must do to avoid that.
Story image
Microsoft
Avast reveals zero-day exploits targeting Chrome and Microsoft
Avast, released its Q2/2022 Threat Report today, revealing a significant increase in global ransomware attacks, up 24% from Q1/2022.