TPG Telecom

TPG Telecom wins race to become Singapore’s fourth telco

SINGAPORE (Dec 14): TPG Telecom has beaten MyRepublic to emerge victorious in the race to become Singapore's fourth mobile operator.

Broker's Calls

NRA Capital has some choice words on TeleChoice

SINGAPORE (Dec 14): NRA Capital is “overweight” on TeleChoice, the IT equipment distributor, with a fair value of 34 cents given its likely expansion into new services, positive outlook for handset sales and the emergence of the fourth new telco.

Broker's Calls

The final showdown between Singapore’s 2 telco hopefuls

SINGAPORE (Nov 21): DBS Group Research is maintaining its “fully valued” rating on M1 and StarHub at target prices of $1.97 and $2.80 respectively – while affirming that either MyRepublic or TPG Telecom will be emerging as Singapore’s fourth telco

Broker's Calls

Is M1’s business losing reception?

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.

Sector Focus

Telcos in turmoil

SINGAPORE (Nov 17): The Info-comm Media Development Authority has pre-qualified MyRepublic and Australia-based TPG Telecom for the New Entrant Spectrum Auction, which is expected to complete by year-end. AirYotta did not meet the screening requirements an

Broker's Calls

OTT services put a dent in M1’s traditional telco business

SINGAPORE (Oct 20): OCBC Investment Research is maintaining its “hold” rating on M1 with lower fair value of $2.25 from $2.79 previously after the telco reported a 10.3% fall in revenue from lower handset sales and mobile revenue.

Broker's Calls

Singapore telco sector loses shine with new entrant likely

SINGAPORE (Oct 4): Singapore’s telco sector is seing a shakeup with three contenders throwing their hat into the ring to be the republic’s fourth player.

In print this week

What’s the call on Singapore telcos as fourth player looms?

SINGAPORE (Sept 30): Yuen Kuan Moon believes Singapore Telecommunications has been able to maintain its leading position on its home turf by constantly looking for ways to satisfy its customers.

Broker's Calls

M1 threatened most by 4th mobile entrant; Singtel remains safest bet

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.

The telco showdown has begun

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
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