MyRepublic will launch an unlimited data service at the fastest NBN speeds available in that area at the single price of A$59.99 ($46.10) per month.

Unlimited data plans are still relatively rare in the Australian market due to a lack of competitive fixed-line infrastructure, even as the NBN wholesale network is progressively deployed.

MyRepublic Australia managing director Nicolas Demos said the company plans to differentiate by offering the best speeds possible with unlimited allocations.

“It is time to educate Australians on the value of quicker speeds without the restrictions of data caps,” he said.

“Australia has the 48th fastest average internet connection speed in the world. Over 80% of Australian customers on the NBN are currently running on speeds similar to ADSL technology. We will deliver customers the best speed they can get – at their location - with our unlimited plan offer with local support at a fair price."

MyRepublic was founded in 2011 and was the first company is Singapore to offer 1Gbps broadand services for under S$50 ($36) per month. The company has been pursuing regional expansion, and has so far also launched services in New Zealand and Indonesia. At home, the company is vying to become Singapore's fourth mobile operator.

Telecomasia.net