New Entrant Spectrum Auction

SINGAPORE (Nov 18): Nomura is maintaining its “reduce” recommendation on M1, with a lower target price from $2 to $1.75, after TPG Telecom and MyRepublic received pre-qualification to participate in the New Entrant Spectrum Auction.

SINGAPORE (Nov 16): MyRepublic has received the pre-qualification from the Infocomm Media Development Authority to participate in the New Entrant Spectrum Auction.

SINGAPORE (Sept 5): Analysts from Maybank Kim Eng and Citi Research agree that the risk of a new market telco entrant has significantly spiked – although in Nomura’s view, it is still too early to take a specific stance on the spectrum’s results.

SINGAPORE (Sept 2): Analysts have begun to price in the real possibility of a fourth telco entering the Singapore market after MyRepublic, AirYotta and TPG Telecom submitted their applications to the Infocomm Development Authority (IDA) on Thursday to bid