M1 Limited (M1)

Telcos see recovery in consumer segment as economy reopens - THE EDGE SINGAPORE

Corporate moves

Telcos see recovery in consumer segment as economy reopens

With roaming revenues coming back and strong 5G take up, the telcos are seeing a recovery in their consumer segment.

Telecommunications

M1 enables 5G for all current and new mobile users

The 5G Booster packs, which will be extended to all M1 customers with compatible 5G NSA devices, starts at $15 for 25GB.

Telecommunications

No vendors were excluded in 5G rollout: Iswaran

Minister for Communications and Information S Iswaran said the government never excluded any company from being vendors for the nationwide rollout of high-speed 5G technology, and is satisfied with the outcome of its telecom operators’ selection.

Telecommunications

Singtel, M1, and Starhub granted final 5G network licence from IMDA

The Infocomm Media Development Authority (IMDA) has granted Singapore Telecommunications (Singtel), M1 Limited, and StarHub Ltd the final 5G network license award on Wednesday, following the completion of the required regulatory processes.

Tech

IMDA, M1, and MPA to conduct coastal 5G network trials with Airbus; M1 and Airbus to conduct connectivity trials for in-land areas

The Infocomm Media Development Authority (IMDA), M1, and the Maritime and Port Authority of Singapore (MPA) will be conducting coastal 5G standalone network trials with Airbus at the Singapore Maritime Drone Estate.

M&A

Konnectivity owns 94.55% in M1 at close of offer; will go ahead to compulsorily acquire all other shares and delist telco

SINGAPORE (Mar 19): Konnectivity, the offer vehicle jointly owned by Keppel Corporation and Singapore Press Holdings (SPH), and its concert parties have gained a 94.55% stake in M1 at the close of the voluntary unconditional general offer.

Sector Focus

As US-China tussle over 5G intensifies, dividends of local telcos come under pressure

SINGAPORE (Feb 18): Huawei Technologies Co and the 5G, or fifth-generation, mobile network has been grabbing headlines. US secretary of state Mike Pompeo is reported to have warned European countries that using technology from Huawei could harm their rela

Buyout

Offer for M1 turns unconditional after Konnectivity achieves majority control

SINGAPORE (Feb 16): The offer for M1 by Konnectivity has become unconditional in all aspects after the latter gained majority control of the telco.

Broker's Calls

Accept the offer as outlook still looks murky for M1, says OCBC

SINGAPORE (Jan 31): Keppel Corp and Singapore Press Holdings (SPH), through offer vehicle Konnectivity, and together with concert parties and valid acceptances, have amassed a total stake of 34.41% in M1.

Disruption and Digitalisation

M1 to support Jurong Port in digital smart port transformation

SINGAPORE (Dec 5): M1 will provide Jurong Port with a terminal-wide wireless private network, to support the transformation of the port into an advanced digital smart port.
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