The DST and Sinar Mas-backed company is aiming to become Singapore's fourth telecommunications provider and close $178m of funding by April.

MyRepublic, a Singapore-based internet and telecommunications service provider backed by telecoms firm DST Communications, is seeking up to S$250m ($178m) in funding, Reuters reported yesterday.

The company is in talks with investors and hopes to raise the capital by April this year, according to Tech in Asia, though prospective participants in the round have not so far been disclosed.

MyRepublic offers broadband internet and mobile data services, and is planning to bid for Singapore’s fourth full telecommunications licence, which will…