M1 slashes its 1Gbps fibre plan cost by half – it’s now less than S$50

The telco’s declared war with MyRepublic with this new 1Gbps fibre plan
M1 slashes its 1Gbps fibre plan cost by half – it’s now less than S$50

By the looks of it, M1 has declared all-out war against MyRepublic. The telco announced that it’s decreased the price of its 1Gbps fibre plan from S$99 to S$49.

It’s also throwing in a bunch of freebies along with the deal, which includes 1GB of free mobile broadband, a free Dect phone, and three months free subscription to Internet security, amongst others.

This offering is similar to MyRepublic’s Ultra 1Gbps package, which costs S$49.99 a month but comes with video streaming priority, no BitTorrent blocking, and a handful of other offers.

Telco price wars

M1 slashes its 1Gbps fibre plan cost by half – it’s now less than S$50

But M1 isn’t the only one making big moves in this space – the market competition for cheaper high-speed broadband has been increasing. SingTel also launched a comparable S$69.90 Unlimited Fibre plan last month, which promises unfettered speeds of up to 800Mbps for local connections 95 per cent of the time.

If you compare that to M1 and MyRepublic, M1 comes in at 657.3 to 804.6Mbps 80 per cent of the time (derived from a testing time frame of April to June 2014) and MyRepublic presents 1Gbps of download speeds and up to 500Mbps upload speeds with no throttling.

Even StarHub's claimed that it will be "announcing exciting details in the coming weeks" of its 1Gbps fibre broadband plan and has stopped sales of its S$395.90 plan.  

If you intend on getting on M1’s service, you should hurry – it’s put up on its website that the deal will only be available “for a limited period only”. At less than S$50 a month for a two-year contract, the telco service provider should just sign us Internet junkies up and take our money already.

READ MORE: SingTel's launching a new fibre plan, and it's one that will give you unfettered speeds

[Sources: CNA and Hardware Zone