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(Post 1 of 1073)   08/03/2000.07:35:00
Author :
Orangminyak
More and more talk in local papers today of possible listing of M1. Also on 3G telco licenses. So M1 wants to pip Starhub which has indicated listing in 3 years.

M1's average revenue per user is over S$65 which compares with StarHub. M1 is supposed to have 600,000 subscribers currently.

Full story from CNET.

Keppel T&T "optimistic" M1 may list by year end
By Irene Tham
Wednesday, August 2 2000

SINGAPORE--Keppel Telecommunications & Transportation Ltd (Keppel T&T) managing director Ng Eng Ho said he is "optimistic" that MobileOne Asia Pte Ltd (M1) shareholders will agree to the local listing of M1 by year end.
Last month, analysts told Singapore.CNET.com that M1 had planned to list by the end of the year, but Keppel T&T had declined to comment.

At today's announcement of Keppel T&T's first half-year results, however, Ng said: "If we get (the shareholders) to say yes, we can move very fast." He was answering a query on whether M1 might list by year end.

M1's shareholders include Keppel T&T and Singapore Press Holdings (SPH), which each holds a 35 percent stake, and Hong Kong-based Great Eastern Pte Ltd which holds the remaining 30 percent. Great Eastern is a joint venture between Cable & Wireless plc (51 percent) and the former Cable & Wireless HKT (49 percent).

Ng noted that Keppel T&T and SPH were both agreeable to the listing. On the remaining shareholders, he said: "We do not see objections, but we have not set a date."

In February, Keppel T&T said that it was in talks, together with SPH, to take up C&W' share in M1.

According to Keppel T&T, M1 contributed a pre-tax profit of S$14.3 million to its first half-year ending June 2000. This constitutes over 73 percent of the pre-tax profit for its telecommunications division.

M1's average revenue per user was over S$65, which is on par with that of rival StarHub Pte Ltd. Its subscribers to date are said to number 600,000.

This news follows StarHub's comments on local papers today that it will go public in three years. StarHub, however, did not indicate where the listing would be held.

(Post 2 of 1073)   08/06/2000.20:44:00
Author :
Manx
I recently sent an email to M1 giving some feedback and it took them 3 weeks to reply to address my concerns. A bit too long, don't u all think?

(Post 3 of 1073)   08/06/2000.20:46:00
Author :
Southpark
Manx,

Mine took only 3 days.....your feedback supoer-technical is it???

Southpark
The Dude

P.S. We've saved a bottle for yr next session....it's x2 for u for next session////

(Post 4 of 1073)   08/06/2000.21:28:00
Author :
Manx
no, not technical at all...something about their service..

(Post 5 of 1073)   08/08/2000.08:55:00
Author :
Kuperin
If you think M1 is bad, try North West Airlines.

I am a member of their frequent flyer program and they sent me a letter saying if I register my email address at their website, I would get some extra miles credited to my account. So went to the URL asked, and that page still under construction.

Found another page on the website and registered my email and also found the 'contact us' page. Sent them an email, (which by the way insists that you must be in a State in USA before it will accept your message, so the whole world is part of USA)

Took them over a week to reply to tell me that as I live outside USA, I am not entitled to the free points.

(Post 6 of 1073)   08/24/2000.22:44:00
Author :
Orangminyak
CyberWorks, Keppel T&T may compete for C&W's M1 stake

Story from Cnet:

http://singapore.cnet.com/news/2000/08/24/20000824z.html

(Post 7 of 1073)   08/24/2000.23:20:00
Author :
Eka
Cable & Wireless seeks to sell 15 pct M1 stake: report

SINGAPORE (AFX-ASIA) - Cable & Wireless PLC is considering selling its 15 pct stake in mobile phone company M1, the Straits Times newspaper reported, quoting sources.

C&W has appointed Merrill Lynch to come up with a plan on how the proposed sale will be carried out.

Other key shareholders of the company, including Keppel Telecommunications and Transportation, Singapore Press Holdings and Pacific Century CyberWorks Ltd, have yet to approve the sale, they said.

They have the right of first refusal over the C&W shares, worth about 450 mln sgd, before they can be offered to outside parties, the sources said.

M1, set up in 1997, currently has over 665,000 customers.

(Post 8 of 1073)   08/25/2000.14:23:00
Author :
Astro
C&W asking price for M1 values Keppel T&T at S$2.67: Cable & Wireless plc reportedly wants to sell its 15% stake in MobileOne Asia for S$450m, valuing the Singapore mobile phone company at S$3b. This is not the first time C&W is said to be asking for a price that values M1 at S$3b. If such a valuation were to be realised, and reflected accordingly in the books of Keppel T&T, which owns 35% of M1, KT&T’s book NTA would be lifted from S$0.82 per share as at end-99 to S$2.67 per share. At S$2.36, KTT is trading within 12% of this enhanced NTA. KT&T may well be the buyer of C&W’s 15% stake. Under a joint-venture agreement, KT&T as well as SPH (which also owns 35%) or Pacific Century CyberWorks-HKT (which owns the remaining 15%) have the first right to C&W’s 15%. Buying out C&W’s 15% and raising its stake in M1 to 50% could significantly impact KT&T’s earnings, but that is subject to how such a purchase is financed. We do not recommend KT&T for a few reasons. The separate listing of M1, possibly in November, will give investors direct access to KT&T’s most successful and profitable investment todate, and undermine KT&T’s investment appeal. Its plans to invest up to S$300m in technology companies over the next 2 years has also turned KT&T into a venture capital company – a business which is not highly rated by a more sceptical market given the investment risks involved and the absence of an investment track record. Sell into strength triggered by any M1-related flutter.

Research from Sassy (Sassoon)

(Post 9 of 1073)   09/07/2000.01:09:00
Author :
Eka
Nokia wins 40 mln usd supply contract from Singapore's MobileOne

SINGAPORE (AFX-ASIA) - MobileOne (Asia) Pte Ltd said it signed a 40 mln usd contract with Nokia for the expansion and upgrade of its existing mobile phone network.

Under the deal, Nokia will be delivering M1 a complete range of mobile network solution, including mobile switches and high-capacity base station controller, it said.

The latest deal placed M1's overall investments in its network to 260 mln usd, it said.

(Post 10 of 1073)   09/27/2000.02:36:58
Author :
Eka
*file*

M1 Listing Would Hurt Keppel T&T-SG

Source : Dow Jones
12:42 26/09/2000

[Dow Jones] SINGAPORE STOCK CALL: SG Emerging Markets Equity Research keeps Keppel T&T (K11) as hold, saying stock viewed as proxy for M1; but if bids for 3G telecom licenses are invited next month (as widely reported), M1 would be forced to list by 1Q01, allowing investors to buy M1 directly. Telecom companies expected to need at least S$1 billion each to obtain 3G license and invest in infrastructure. Moreover, Keppel T&T's shareholding in M1 will be diluted after listing, and it ""isn't generating enough earnings momentum from traditional business lines"" such as shipping, logistics and telecom equipment manufacturing, SG says.(PUJ)

(Post 11 of 1073)   09/28/2000.03:19:54
Author :
Eka
MobileOne "Almost Ready" For A Public Listing

Source : Dow Jones
18:57 27/09/2000

SINGAPORE (Dow Jones)--Cellular phone company MobileOne Asia is ""almost ready"" for a public listing, an executive from one of its major owners, Keppel Telecommunications & Transportation Ltd. (P.KTT), said Wednesday.

""We should be able to come to a decision soon,"" Keppel T&T Managing Director Ng Eng Ho said. The remaining hurdles, he said, are the consent of the company's shareholders and a favorable stock market environment.

Keppel T&T's 35% stake in MobileOne is its most valuable asset, generating some 70% of its revenue. Other shareholders are Singapore Press Holdings Ltd. (P.SPH), with 35%, Cable & Wireless PlC (CWP), with 15%, and Cable & Wireless HKT (HKT) with 15%.

The IPO would raise money for MobileOne's planned foray into third-generation telephony in Singapore. The country has said it will grant several 3G licenses, although the auction method hasn't been determined. Analysts have said MobileOne will need about S$1 billion to finance its 3G ambitions.

Ng also said Keppel T&T and SPH are willing to buy the 15% stake currently held by Cable & Wireless PlC, which reportedly is seeking to sell.

""If the price is right, we and SPH are willing to increase our stakes,"" Ng said. He said the two companies would divide the stake evenly between them. However, he added that the S$3 billion price mentioned in some newspaper reports ""seems too high.""

(Post 12 of 1073)   10/30/2000.23:32:21
Author :
Eka
MobileOne offers discounted IDD service

SINGAPORE (AFX-ASIA) - MobileOne Corp said it has launched a new discounted international direct dial service called Value Call 021.

The 021 IDD service will be available to over 200 countries starting this week, it said.

With 021, along with its exsiting premium IDD service 002 launched in August this year, M1 said the expiry of its resale arrangement with Singapore Telecommunications Ltd on Nov 5 "should therefore have absolutely no impact on our customers' IDD requirements.

The company gave no precise details but said the new programme should be cheaper than SingTel's 'Budget Call 013' service.

(Post 13 of 1073)   10/31/2000.19:08:47
Author :
Razor
Anyone using M1's M1Chat? They announced recently that M1Chat may be phased out and they may be offering some alternatives to current M1 Chat subscribers?

(Post 14 of 1073)   11/09/2000.03:00:49
Author :
Eka
M1 Says Has Withdrawn Message On SingTel Line

Source : Dow Jones 09:14 08/11/2000

SINGAPORE (Dow Jones)--Singapore's MobileOne Asia, or M1, said late Tuesday it has "complied immediately" after being told by the Infocomm Development Authority of Singapore, or IDA, to withdraw the recorded voice message to its customers using Singapore Telecommunications Ltd.'s (P.SGT) international call services.

SingTel had earlier complained to the IDA that since midnight on Sunday, M1 customers making overseas calls using SingTel's services had been interrupted by a 10-second prerecorded message asking them to use M1 international services, before their calls were put through.

M1 said although it accepts that the message "could have caused a slight delay" in service, the company had informed the IDA about the plan to introduce the voice message and the latter had raised no immediate objection.

M1 said the situation was "unique" for users of international call services in Singapore.

Until April, the only access code for such services was SingTel's 001. After SingTel's decision to discontinue M1's resale agreement for international services, M1 customers wishing to use SingTel's services had to pre-register with SingTel, said M1.

As around 90% of M1 customers didn't pre-register with SingTel, M1 decided to provide a recorded voice message to inform them of the availability of IDD services from M1, said M1.

However, the IDA said M1 proposed during a recent meeting that the intercepting message would be used only if it encountered problems passing along customers' calls to SingTel, according to a report by Business Times Wednesday.

Chia Sher Ling, an IDA spokeswoman, said the regulator didn't receive any written confirmation from M1 subsequently that it would implement what it proposed, according to the report.

(Post 15 of 1073)   03/22/2001.07:54:57
Author :
Eka
MobileOne: No Plan To Proceed With IPO This Yr

Source : Dow Jones 17:03 08/11/2000

HONG KONG (Dow Jones)--Singapore's MobileOne (Asia) Pte. Ltd., or M1, said Wednesday it doesn't plan to push ahead with an initial public offering this year, while the share disposal plan by U.K.'s Cable & Wireless PLC. (CWP) is still hanging in the air.

"It would not be sensible to go into an IPO with (a) big shareholder issue outstanding. It would create an overhang in the market," said Neil Montefiore, chief executive officer of the third mobile-phone operator in Singapore, who was speaking to reporters after a telecommunications conference.

However, he wouldn't give a timeframe on the floatation.

Cable & Wireless has earlier said it will sell its 15% stake in M1 because it doesn't fit into Cable & Wireless' global strategy.

Cable & Wireless' interests in M1 are owned through a 51-49 joint venture with Hong Kong's Pacific Century CyberWorks Ltd. (PCW). The joint venture has a 30% stake in M1.

The remaining 70% stake in M1 is equally split between Keppel Telecommunications & Transportation Ltd. (P.KTT) and government-owned Singapore Press Holdings Ltd. (P.SPH).

Montefiore said the company will make an announcement on the Cable & Wireless issue in the next month or so.

He said Australia's Telstra Corp. (TLS) "has declared an interest" in M1. However, he declined to comment on media reports that a mobile joint venture between Pacific Century CyberWorks and Telstra would take a 30% stake in M1.

CyberWorks said last month it will consider injecting its 15% stake in M1 into the mobile venture.

40% Mobile Mkt Shr In Singapore

M1 currently has 40% of the mobile market share in Singapore, with 55,000 subscribers for its CDMA network and 680,000 subscribers for its GSM network, Montefiore said.

It is seeking compensation from the Singapore government, which has asked M1 to vacate part of the spectrum it uses for its CDMA 1900 network by 2001. M1 currently occupies 2.5 megahertz of the 3G spectrum.

The government initially responded that it doesn't want to compensate M1, Montefiore said, but M1 is in talks with the government on this issue, and will make an announcement within the next few days about its plans for this network.

(Post 16 of 1073)   11/10/2000.06:49:44
Author :
Sipost
Research reproduced with permission from GK Goh

MobileOne Will Not Meet December IPO Deadline
09/11/00, 2:40 pm
by The Vantage Point Team


The number two mobile phone service provider here explained that the delay is needed to resolve a stake sale by two shareholders -- C&W and Pacific Century Cyberworks -- which jointly own 30% of the company.

Cyberworks plans to buy back the stake in a joint venture with Australia’s Telstra Corp. South China Morning Post reported that the Cyberworks/Telstra partnership will be seeking a majority stake in
MobileOne through the issue of new shares.

MobileOne needs the IPO proceeds to fund its bid for a 3G licence in Singapore (to be opened for auction next year), which could cost S$500m plus S$1m to build a new network.

(Post 17 of 1073)   11/14/2000.00:53:56
Author :
Eka
MobileOne's GSM network to start ops end-2001

SINGAPORE (AFX-ASIA) - MobileOne Corp (M1) said its new GSM network that will replace its existing CDMA facility will be operational by the end of next year.

M1 is required by the Infocomm Development Authority of Singapore to move out of its CDMA spectrum, which is occupying part of the spectrum for the third generation telecom services that will be auctioned off by the government in the coming months.

MI said its existing CDMA customers will be migrated to the new network while retaining their tariff plans. They are also required to exchange their CDMA handsets for free GSM handsets.

M1 said it will announce the details of its investment in the new network at a later date.

(Post 18 of 1073)   11/20/2000.19:54:02
Author :
Sipost
M1 selects W-CDMA, Nokia in S$500m deal

Story from CNet:

http://singapore.cnet.com/news/2000/11/20/20001120al.html

(Post 19 of 1073)   11/21/2000.02:57:41
Author :
Eka
Nokia to switch Singapore's M1 mobile network to GSM and build 3G system


LONDON (AFX) - Nokia Oyj said it has landed a contract -- worth up to 290 mln usd over 5 years -- to replace Singapore mobile operator Mobile One (Asia) Pte's existing cdmaOne network with a GSM one, and then build a third generation mobile network on top of it.

The deal means that all Singapore's mobile networks will use GSM technology, as well as the W-CDMA 3G technology favoured in most Japanese networks and all European ones.

Mobile One (M1) is owned by a consortium in which The Keppel Group holds 35 pct, Singapore Press Holdings holds 35 pct, Cable Wireless PLC holds 15 pct and Cable Wireless HKT, now majority owned by Pacific Century CyberWorks, also holds 15 pct.

Nokia said it is committed to having the new network up and running by the end of next year, and to build it so as to allow its base stations to be upgraded to support W-CDMA. M1 runs a GSM network at 900 MHz side by side with its cdmaOne network, but will now provide dual-band GSM services with the new equipment using the 1800 MHz waveband.

M1 will be applying for a 3G licence next year along with its competitors, but is having to prepare now to move away from its current spectrum allocation, which has now been allotted to 3G licences, an M1 spokesman said.

"To some extent the move has been forced upon us" by the government's decision to re-allocate the spectrum at around 1950 MHz, the spokesman said.

But he added that the company recognised that relying on GSM, leading to W-CDMA, was a better policy than sticking to cdmaOne.

"There were other wavebands available, but there are other benefits. We're looking for the longer term in terms of 3G, and we were looking for the alternative that offers the biggest benefits... That seems most likely to be GSM and W-CDMA," he said.

The prevalence of the GSM/W-CDMA option elsewhere in the region and in Europe meant that it made sense to switch, he said.

(Post 20 of 1073)   11/21/2000.02:58:04
Author :
Eka
MobileOne ties up with Nokia over 3G development; to invest 500 mln sgd


SINGAPORE (AFX-ASIA) - MobileOne (M1) said it has signed an agreement with Nokia Corp, under which the latter will develop third generation (3G) technology for MI.

The mobile operator said it expects to invest 500 mln sgd over the next five years for equipment and services to roll out its 3G plans.

Uner the agreement, Nokia will also construct a GSM 1800 network for M1 to replace the current CDMA system, as well as a service creation facility.

The new GSM 1800 network is expected to be ready before end-2001.

(Post 21 of 1073)   11/22/2000.00:32:18
Author :
Eka
ABN AMRO Rothschild To Advise Singapore's MobileOne

Source : Dow Jones 21/11/2000 18:22

SINGAPORE (Dow Jones)--Singapore's mobile-phone operator MobileOne Asia, or M1, said Tuesday it has appointed ABN AMRO Rothschild as its financial adviser on "several major issues in the year ahead."

The bank will advise M1 on the proposed sale of Great Eastern Telecommunications' 30% stake in M1, said M1 in a statement.

The adviser's role will include ensuring that the potential new shareholder of M1 will be a "strategic partner that can bring value to the company," it said.

Cable & Wireless PLC (CWP) and Pacific Century CyberWorks Ltd. (PCW) jointly own Great Eastern, which has been in talks with M1's other shareholders over its stake disposal plan, said M1.

Keppel Telecommunications & Transportation Ltd. (P.KTT) and Singapore Press Holdings Ltd. (P.SPH) each hold 35% in M1.

The bank will also advise M1 on Singapore's third-generation mobile phone licensing process and provide assistance in preliminary work on M1's planned initial public offering, said M1.

The Singapore government will auction four 3G licenses next year.

(Post 22 of 1073)   12/07/2000.07:51:44
Author :
Orangminyak
M1 plans cell phone services in Malaysia

Story from Cnet

http://singapore.cnet.com/news/2000/12/06/20001206aj.html

(Post 23 of 1073)   01/09/2001.03:49:07
Author :
Eka
Orange seeking to buy C&W, PCCW stakes in Mobile One: report

Source : AFX SINGAPORE 8:04 08/01/2001

SINGAPORE (AFX-ASIA) - France Telecom's Orange is in active talks with Cable & Wireless to acquire the latter's 15 pct stake in Mobile One Pte Ltd, Straits Times reported, quoting sources.

Orange is also seeking to purchase Pacific Century CyberWorks Ltd's 15 pct interest in M1, they added.

(Post 24 of 1073)   01/09/2001.04:09:40
Author :
Eka
France Telecom/Singapore MobileOne : Complicated Deal

Source : Dow Jones 08/01/2001 10:04

SINGAPORE (Dow Jones)-- France Telecom's (FTE) mobile telephone unit, Orange, is in "active discussions" to acquire up to 30% of Singapore's soon-to-be-listed cellular operator, MobileOne, reported the Straits Times Monday, quoting unnamed sources.

The report said Orange was looking to acquire half of the targeted 30% stake from U.K.-based communications company, Cable & Wireless Communications Plc (U.CWR); and the remaining half from Hong Kong-based Cable & Wireless Communications HKT Ltd. (H.CBW), a unit of Pacific Century Cyberworks Ltd. (P.PCW).

Quoting unnamed sources, the newspaper said negotiations between Orange and MobileOne's shareholders have been going on for some time. It added that Orange's executives have "flown into Singapore several times" for approval from the latter's other shareholders - Keppel Telecommunications and Transport Ltd. (P.KTT) and Singapore Press Holdings Ltd. (P.SPH).

Singapore's second-largest mobile telephone operator, MobileOne's shareholders include: Keppel Telecommunications and Transport, or Keppel T&T, which has a 35% stake; Singapore Press Holdings, or SPH, which has a 35% stake; Cable & Wireless Communications, or C&W, which has a 15% stake; and Cable & Wireless HKT, which has another 15% stake.

Eyes Major Stake

The Straits Times said Orange's intention is to acquire a majority stake in MobileOne "some time down the road" as it wants to use the stake as a base to expand into Asia as a Mobile Virtual Network Operator, or MVNO. Instead of investing in the infrastructure, MVNOs lease capacity from existing cellular operators and resell the services to consumers.

When contacted, a MobileOne spokesman declined comment on Orange's interest in the company. A Keppel T&T spokeswoman also declined comment as it said the seller is C&W and not Keppel T&T. It would only say it had "meetings with several telcos on possible strategic partnerships."

In the report, Orange and C&W both declined comment on the rumored stake acquisition.

Presently, Orange has operations in 16 countries worldwide.

Complicated Deal

The rumored stake acquistion is complicated. C&W is keen to divest its stake in MobileOne so it can concentrate on its businesses in corporate data and the Internet. Pacific Century Cyberworks, which only took possession of Cable & Wireless HKT in August after a hotly-contested bid with Singapore Telecommunications Ltd. (P.SGT) in February, is believed to be interested in hanging onto its stake.

The newspaper report added that C&W is believed to have valued MobileOne at S$3 billion ($1=S$1.7285). If it managed to sell the entire 30% stake, it would split the proceeds accordingly, the report said. In this instance, Pacific Century Cyberworks could either be left with a larger cash reserve, or it could buy back into MobileOne, the newspaper quoted a source as saying.

(Post 25 of 1073)   01/10/2001.03:57:43
Author :
Eka
Orange Effect May Not Materialize

Source : Dow Jones 09/01/2001 16:18

[Dow Jones] SINGAPORE: Credit Suisse First Boston expects SingTel (S12) to be little affected by talk of Orange's interest in acquiring Cable & Wireless' 15% stake in Mobile One as purchase unlikely to materialize. Says M1's shareholding structure complex; issue complicated by other two major shareholders - SPH (S31) and Keppel T&T (K11) - have first right of refusal to stake. Also, M1's other 15% shareholder, Pacific Century CyberWorks, has shown interest in buying out C&W's interest.(GEY)

(Post 26 of 1073)   01/13/2001.01:25:25
Author :
Eka
Telstra Entry Seen Good For Singapore's MobileOne

Source : Dow Jones 12/01/2001 17:51
By Shen Hong and Helen Ubels

Of DOW JONES NEWSWIRES

SINGAPORE (Dow Jones)--The possible entry of Australia's Telstra Corp. (TLS) as a new shareholder in MobileOne (Asia) Pte. Ltd., or M1, could help Singapore's second largest mobile phone operator become a strong regional player, analysts said Friday.

The Australian Financial Review reported Friday that Telstra is in final negotiations with U.K.'s Cable & Wireless PLC (CWP) to buy the latter's A$500-million 15% stake in M1.

"Regionalization. It's the only missing piece in M1 right now," said an analyst with a local brokerage in Singapore. He said that while M1 needs to "grow outside" of Singapore, it lacks a foreign shareholder with a "vision" and "a plan" to help it expand in Asia-Pacific.

M1's other shareholders include Keppel Telecommunications and Transport Ltd. (P.KTT), or Keppel T&T, with a 35% stake; Singapore Press Holdings Ltd. (P.SPH) with a 35% stake and Pacific Century Cyberworks Ltd. (PCW) with a 15% stake.

Analysts noted that Keppel T&T and Singapore Press Holdings have said they prefer a new shareholder with experience in the telecommunications industry. Such a partner could help M1 expand into potential markets such as the Philippines, Thailand, South Korea, and Taiwan.

Telstra buying into M1 would also help pave the way for M1 to launch its much-anticipated initial public offering expected sometime later this year, analysts said.

Scott Marshall, an analyst with Shaw Stockbroking Ltd., said that Telstra buying into M1 fit with the Telstra's strategy to expand in Asia.

If the deal goes though, he said it is likely Telstra would deposit the asset into its 60%-owned mobile joint venture with Pacific Century CyberWorks Ltd.

Telstra, Keppel T&T, and M1 declined to comment on the Australian Financial Review report.

Singapore 3G Access For Telstra

Analysts said Telstra and PCCW could eventually inject their combined 30% stake in M1 into their joint venture to raise its profile across Asia-Pacific.

M1 offers a local client base of more than 700,000 mobile phone subscribers and those subscribers won't switch to other operators unless there are compelling reasons to do so, they added.

With an estimated seven out every 10 Singapore residents owning a mobile phone, and three service providers, room for further domestic expansion is rather limited and M1 would need to tap overseas markets in order to grow further, they said.

Telstra's profile may also help strengthen M1's bid for a third-generation mobile spectrum, or 3G, license in Singapore, analysts said.

For Telstra, the investment in M1 may provide it indirect access to Singapore's 3G market, as it isn't expected to launch an independent bid for a 3G license in Singapore.

Singapore is expected to auction up to four 3G licenses in April or May.

Although Telstra may strengthen its clout within M1 by jointly holding a 30% stake with PCCW, it isn't expected to pose a major threat to Keppel T&T and Singapore Press Holdings which are expected to remain the biggest shareholders, an analyst with a regional brokerage in Singapore said.

Indeed, Telstra will have to work closely with Keppel T&T and Singapore Press Holdings if it wants to realize benefits from its expected investment in M1, another analyst in Singapore said.

(Post 27 of 1073)   01/17/2001.01:05:45
Author :
Eka
IDA Fines MobileOne For Message Insertion

Source : Dow Jones 16/01/2001 20:03

SINGAPORE (Dow Jones)--Singapore's InfoComm Development Authority said Tuesday it has imposed a fine of S$5,000 (US$1=S$1.7345) on MobileOne (Asia) Pte. Ltd. for its insertion of a 10-second message in the International Direct Dial (IDD) calls of its rivals.

The IDA said in a press statement its investigation had shown that the M1 message insertion "had the effect of delaying and thus, inconveniencing" the access and use of Singapore Telecommunications Ltd.(P.SGT) and StarHub Pte. Ltd. IDD services.

Such delay in the connection of calls "degraded the availability of SingTel's and StarHub's IDD services", IDA said.

The investigation also concluded that M1's message had breached a section of the Telecom Competition Code, IDA said.

M1 officials were unavailable for immediate comment.

According to the statement, IDA conducted the investigation after SingTel and StarHub both lodged complaints to the authority about the message on Nov. 6, 2000.

Since early November, M1 customers making overseas calls using SingTel's and StarHub's IDD services have received a 10-second pre-recorded message, asking them to use M1's international services instead.

IDA said it had taken into "careful consideration" M1's explanations for its message in the course of the investigation, but "found no legitimate operational, technical or business justification" for the message insertion.

M1's major shareholders include Keppel Telecommunications and Transport Ltd. (P.KTT), Singapore Press Holdings Ltd. (P.SPH) and Pacific Century Cyberworks Ltd. (PCW).

(Post 28 of 1073)   02/08/2001.00:22:42
Author :
Sipost
Kep T&T Likely To Delay M1 Listing

Source : Dow Jones 07/02/2001 10:50

[Dow Jones] SINGAPORE STOCK CALL: Keppel T&T's (K11) listing of M1 likely to be deferred, especially now that cost for 3G license and network expected to be significantly lower and can be funded internally - a slight positive for Keppel T&T as that will prolong its proxy status for M1, says Credit Lyonnais. But earnings at risk if Singapore Press Holdings (S31) decides not to buy into DataOne because Keppel T&T would have to write back losses from DataOne into FY01 earnings. CL rates Keppel T&T as long-term buy.(BXT)

(Post 29 of 1073)   02/14/2001.21:45:46
Author :
Sipost
M1 May Get Squeezed By Orange

Source : Dow Jones 14/02/2001 15:52

[Dow Jones] SINGAPORE: Analysts may have to lower valuation of MobileOne, which aims to list later this year, from S$2.5 billion-$3 billion due to diminished expectations following France Telecom's decision to price mobile phone unit Orange IPO retail tranche at EUR9.50/share, at bottom of already-lowered range. This values Orange at EUR48.5 billion, way below EUR100 billion-EUR150 billion touted when flotation plan first suggested. Keppel T&T (K11), which owns 35% of M1, hardly affected by news; shares down 0.8% at S$1.28, trading below RNAV of S$1.93.(EYG)

(Post 30 of 1073)   12/25/2001.10:14:49
Author :
Freshgraduate
M1 M1

Heard got good bonus.
Got postion as a manager for me?

(Post 31 of 1073)   12/25/2001.10:51:22
Author :
Ngwh
freshgrad,yes..we got vacancy for Toilet Mgr,2nd Upper Honour Degree,1
year experience in washing toilet(both sexes),S$1500/mth(no CPF) apply
fast while post last )

(Post 32 of 1073)   12/25/2001.11:17:38
Author :
Smarthousewife
Freshgrad,

Try here for job.
Lots of it wor.

http://www.monster.com.sg/

(Post 33 of 1073)   12/25/2001.11:49:20
Author :
Sleepybeariixi
Smart housewife, i like u man,

at first i had a big laugh (MONSTER !) then.......

anyway u r a nice person


(Post 34 of 1073)   02/22/2002.17:58:02
Author :
Contro
a??

(Post 35 of 1073)   08/30/2002.08:48:15
Author :
Sipost
SINGAPORE PRESS HOLDINGS LIMITED

PRESS RELEASE - M1 SEEKING A LISTING ON SGX-ST

MobileOne (Asia) Pte Ltd ("M1") today announced that it intends to seek an initial public offering of its shares ("proposed IPO") on the Main Board of the Singapore Exchange Securities Trading Limited ("SGX-ST").

The shareholders of M1, i.e. SPH Multimedia Pte Ltd ("SPHM"), a subsidiary of Singapore Press Holdings Ltd., Keppel Telecoms Pte Ltd ("KTPL"), a subsidiary of Keppel Telecommunications and Transportation Ltd, and Great Eastern Telecommunications Ltd ("GET"), a company 51% owned by Cable and Wireless plc and 49% owned by PCCW-HKT Ltd., are, together with M1, in the final stages of appointing a Global Co-ordinator and Manager ("Advisor") in respect of the proposed IPO.

The shareholders of M1 have agreed in-principle that any share offering will be in respect of new and existing shares of M1 and will likely comprise more than 50% of M1's shareholding. It is also anticipated that the proposed IPO will involve a substantial global offering plus a domestic retail tranche. The structure and other details of the proposed IPO will be determined after the appointment of the Advisor.

Subject to market conditions and the approval of the relevant authorities and regulators, and barring any unforeseen circumstances, the proposed IPO is targeted to be in the last quarter of 2002.

29 August 2002

Submitted by Ginney Lim May Ling, Group Company Secretary on 29/08/2002 to the SGX

(Post 36 of 1073)   10/25/2002.13:54:33
Author :
Hongbao
Good Buy !

(Post 37 of 1073)   10/28/2002.18:53:38
Author :
Invest2828
I'd like to dedicate the follwong song to all members.

20 years ago
Band : Beatles
Song : Let It Be

20 years today
Band : Creative Die-hard fan
Song : Creative

When I find myself in times of panic
CEO Creative comes to me
Speaking words of wisdom, creative.
And in my hour of doubtful
CEO is standing right in front of my TV
Speaking words of wisdom, Creative.
Creative, Creative, Creative, Creative.
Whisper words of wisdom, Creative.

And when the short sighted people
Downgrade Creative in their stupid analyst,
Time will tell the answer, Creative.
For though they may be disagree there is
Still a chance that they will see
There will be an answer, Creative.

Creative, Creative, Creative, Creative.
Time will tell the answer, Creative.
Creative, Creative, Creative, Creative.
Whisper words of wisdom, Creative.

Let it be, let it be, let it be, yeah let it be.
Whisper words of wisdom, Creative.

(Post 38 of 1073)   11/10/2002.21:11:53
Author :
Hongbao
anyone considering to subscribe m1's ipo? any views ?

(Post 39 of 1073)   11/10/2002.23:10:57
Author :
Telford
WAR LESS LIKELY = MARKET WILL RALLY SOON... Iraq is poised to accept the new United Nations resolution calling on Baghdad to give up its alleged weapons of mass destruction, according to Arab League foreign ministers.

(Post 40 of 1073)   11/11/2002.00:28:01
Author :
Hongbao
Telford, its you, how's things going ?? so r u subscribing to m1 ipo?

(Post 41 of 1073)   11/11/2002.00:37:18
Author :
Nike
Agree. but still there's a chance. In any case, while war premium might continue to exist, it should be much reduced.

Our problem is not only Iraq, but also within the region. Good news is the Past few weeks have been quiet. That's good. Still, the region (Singapore included) might still suffer a little from the Bali fallout and from the on goings in the Phillipines & Indonesia. We should be fine if things can remain quiet for another 2 months.

All said, I believe Investors (if they have not done so already) should start being vested higher in stocks as compared to other instruments, i.e. cash, bonds. I also believe Investors should stay vested in Singapore. Perhaps the Dow and Nasdaq could see higher volitity, i.e. a stronger rally if it comes? But Valuations in Singapore are miles ahead, i.e. way better. Also, compared to the region, Singapore's valuations are one of the best (if not the best)after factoring in corp gov, inflation, (perceived social, political & currency) stability, economic growth, overall investment climate.

(Post 42 of 1073)   11/11/2002.00:43:14
Author :
Hongbao
our market is okay here.. only problem is small group of investors.

Imagine, we could built a complex like Esplanade to house the SGX, we may be the Asian's DJ/Nasdaq in South Asia stock exchanges.

(Post 43 of 1073)   11/11/2002.00:50:57
Author :
Bluesteel
Hongbao,

Egytian got pyramid ..may be we can borrow to house SGX after they remove all the mummies!!

(Post 44 of 1073)   11/11/2002.00:56:33
Author :
Hongbao
wah, if we really have that kind of structure for SGX ! whole nation will start to buy and sell stocks like daily event..

(Post 45 of 1073)   11/11/2002.02:41:01
Author :
Nike
you are right Hongbao. Lets keep our fingers cross that they funds will start to notice. Problem is, we also have too few big cap high volume stocks. Too bad. Anyway, lets hope they do come. I am counting on that. If they do, then we will be collecting big hongbao for CNY.

(Post 46 of 1073)   11/11/2002.09:13:28
Author :
Hongbao
Nike, also do keep a lookout on the banks, SPH and SIA. Sure make $$$.

(Post 47 of 1073)   11/11/2002.21:04:33
Author :
Hongbao
hi, anyone knows when the banks are issuing the IPO applications??

(Post 48 of 1073)   11/17/2002.13:21:54
Author :
Hongbao
will buy SPH, Keppel for the upcoming IPO. Any views ??

(Post 49 of 1073)   11/17/2002.14:30:46
Author :
Telford
Coffin shipment..........."Do not force us to ship you in coffins," warns a six-page, unsigned letter purported to be from the terrorist network al Qaeda. The chilling statement was reported today on the Qatar-based Al-Jazeera satellite television station. "If Sharon and Bush are men of peace, we are also men of peace," the translated document states

(Post 50 of 1073)   11/17/2002.14:33:33
Author :
Hongbao
Telford, how's things going ?


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