Circles.Life

Thiel-backed spac weighs US$2.5 billion Circles.Life deal - THE EDGE SINGAPORE

SPACs

Thiel-backed spac weighs US$2.5 billion Circles.Life deal

Enthusiasm for SPACs has waned amid heightened market volatility

Telecommunications

Covid-19 sends demand for data skyrocketing, but telcos struggle to reap profits

In the long run, however, it is likely that 5G connectivity will prove to be the crucial decider of the telco battle royale.

Broker's Calls

RHB keeps telco sector at 'neutral' as competition heats up

SINGAPORE (Dec 24): Singapore’s mobile revenues will remain under pressure in 2020.

Company in the news

Circles.Life launches world's first multi-country digital telco platform in Taiwan

SINGAPORE (June 24): Homegrown mobile virtual network provider Circles.Life is launching its digital mobile services in Taiwan on the back of a partnership with one of island’s largest telco players.

Broker's Calls

Circles.Life deal gives M1 competitive edge for now, but TPG entry remains a threat

SINGAPORE (July 5): Maybank Kim Eng is maintaining its “hold” call on M1 with an unchanged price target of $1.63 cents on the belief that expected earnings pressure on the group has been largely priced in by the market.

Broker's Calls

Competition heats up in telco sector and the catchphrase is 'free'

SINGAPORE (June 12): UOB Kay Hian continues to rate the telecommunications sector as “market weight” as competition within the sector has intensified even before TPG Telecom has launched its mobile services on a commercial basis.

Broker's Calls

Maybank adopts wait-and-see stance over Circles.Life's free wireless plan

SINGAPORE (May 23): Maybank Kim Eng is keeping Singapore’s three telco incumbents at “hold” as it awaits how they will counteract Circles.Life newly launched free wireless plan that offers 1GB of monthly data, 30 minutes of voice and 10 SMS with no

Broker's Calls

Why investors should 'buy' Singtel in spite of rising competitive risks: RHB

SINGAPORE (Mar 15): RHB is reiterating its “buy” call on Singtel given its underperformance over the past year following its selldown.

Tech

Circles.Life offers unlimited data on demand

SINGAPORE (Mar 1): Circles.Life is launching two new plans that offers customers cheaper roaming and unlimited data on demand ahead of the expected entry of a fourth telco here this year.

Broker's Calls

Year of trepidation for telcos on MVNO threat

SINGAPORE (Jan 12): UOB Kay Hian has turned defensive on the telco sector as channel checks indicate TPG Telecom's network deployment is progressing smoothly and is on track for its year-end commercial launch.
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