Circles.Life

SINGAPORE (Oct 16): DBS Group Research is maintaining M1 at “fully valued” with a target price of $1.49 given lower dividends on earnings decline as revenues come under pressure and costs escalate.

SINGAPORE (Aug 1): One in two of Singapore’s mobile consumers have exceeded their monthly mobile data limits in the last six months, with nearly a quarter having overshot their mobile data limits by at least 3 gigabytes (GB).

SINGAPORE (July 10): MyRepublic has clarified that it did not receive formal offers to set up an MVNO (Mobile Virtual Network Operator) from any of the three local telcos earlier this year.

SINGAPORE (July 18): Maybank Kim Eng is keeping its “hold” recommendation on M1 with a lower target price of $2.94 from $3.09 previously, after management lowered its full-year profit guidance to “single-digit decline” from “stable” growth.

SINGAPORE (June 20): UOB Kay Hian has released a review of Liberty Wireless’s new mobile virtual network operator (MVNO) branded as Circles.Life, while reiterating its ‘underweight’ rating on the telco industry.