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Retail Asia02/04/2018

Singapore’s M1 has joined StarHub in looking to carve out a share of Singapore’s new open electricity market. M1 has announced a collaboration with Keppel Electric, a participating electricity retailer in Singapore’s Jurong open electricity market (OEM) soft launch, to offer electricity bundled with telecoms services. New and re-contracting mobile customers are being offered the ability to sign up for discount […]

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Retail Asia30/10/2017

Singapore’s M1 has upgraded and expanded its suite of services for corporate customers, including through the introduction of the world’s first 10Gbps symmetrical passive optical network. The new symmetric PON service will allow M1 to provide low-latency 10Gbps symmetrical speeds with guaranteed bitrates across Singapore, for applications including SDN, cloud computing and 4K or 8K […]

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Retail Asia17/10/2017

Singapore’s M1 has expanded its data-heavy mySIM mobile plans to bundle the offers with handset subsidies. M1 launched a range of SIM-only plans in 2015 that offered large data allocations for customers who do not need a new handset. Building on the popularity of this plan, M1 has unveiled the new mySIMe bundled mobile plans, which start […]

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Retail Asia09/08/2017

Singapore’s M1 has announced the launch of Southeast Asia’s first commercial nationwide narrowband IoT network. M1 and its partners are using the network to make available IoT solutions in fields including smart energy management for buildings, environmental monitoring, asset tracking and fleet management. The operator is today hosting industry partners and businesse to showcase the possibilities of IoT […]

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Retail Asia21/07/2017

Singapore’s M1 has reported a 17.6% slump in net profit for the first half of the year to S$68.8 million ($50.3 million) as a result of flat revenue and higher depreciation and interest expenses. Service revenue stayed at $406.2 million despite a 22.3% year-on-year increase in fixed service revenue to S$61.2 million. Mobile revenue by contrast fell […]

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Retail Asia25/04/2017

Major shareholders in Singapore’s M1 have reportedly approached China Mobile with an offer to sell their majority stake in the operator. Malaysia’s Axiata Group, Singapore Press Holdings and Keppel T&T – which together hold a controlling 61% stake in M1 – are reviewing their investments in the operator in the wake of lackluster financial results […]

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Retail Asia19/04/2017

Singapore’s M1 has reported a 14.6% year-on-year decline in post-tax profit for the March quarter to S$36.3 million ($26 million), attributing the result in part to higher depreciation and interest costs. Operating revenue grew 1.2% to S$260.7 million, with service revenue remaining flat at S$201.5 million. Fixed line revenue growth reached 22.8% to S$30 million, […]

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Retail Asia12/04/2017

Singapore’s M1has launched new cross-border digital mobile remittance supporting transfers to multiple APAC destinations. The service named M1 Remit is available to users of M1 mobile phone numbers holding valid NRIC/FIN/Work Passes in Singapore. Users of the service can access real time exchange rates and remit funds to their designated recipients anytime, anywhere, through a […]

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Retail Asia04/04/2017

Singapore’s M1 Limited has announced plans to launch the nation’s first cloud-based virtual enhanced packet core (vEPC) network solution with Huawei. The deployment is aimed at further enhancing M1’s core network resiliency, while also enabling dynamic and more efficient use of network resources to support wide-ranging Smart Nation use cases, and shortening the time to […]

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Retail Asia03/04/2017

Despite speculation, Singapore operator StarHub has no intention of acquiring or merging with struggling rival M1, according to reports. StarHub’s management does not plan to acquire M1, Singapore’s smallest major operator whose major shareholders recently revealed are conducting strategic reviews of their ownership. But the research report noted that it will be up to StarHub’s […]

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Retail Asia26/01/2017

Singapore’s M1 has reported a 16.1% slump in net profit for 2016 to S$149.7 million ($105.3 million), blaming lower international call and roaming revenues as well as rising expenses. The operator’s service revenue for the year fell 2% to S$805.5 million, due to the ongoing impact of OTT substitution. But fixed-line revenue grew a strong […]

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Retail Asia23/01/2017

M1 and Huawei have completed a 5G demonstration over 73-GHz E-band spectrum, achieving Singapore’s highest 5G transmission speeds of 35Gbps. The demonstration at M1’s main operating center in Jurong has validated the performance of 5G using millimeter wave high frequency bands, the companies announced. M1 CTO Denis Seek said 5G will support the massive number […]

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Retail Asia17/01/2017

Singapore’s M1 and StarHub are considering expanding their mobile infrastructure sharing arrangements to gain a greater competitive edge against new market entrant TPG Telecom. The companies announced they have signed a memorandum of understanding covering the evaluation of potential further collaboration in network infrastructure sharing. M1 and StarHub have been sharing infrastructure including combined antenna systems, […]

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Retail Asia04/11/2016

Singapore’s M1 has been selected as the Fibre Ready Scheme (FRS) partner for property developer Ascendas-Singbridge, and has completed the first commercial fiber upgrade installation under the deal. The companies have equipped seven-storey integrated business park Ascent with fiber, making the Singapore Science Park facility the first FRS-enabled building. M1 and Ascendas-Singbridge plan to install […]

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Retail Asia21/10/2016

Singapore’s M1 has reported a 12.6% decline in net profit for the first nine months of the year, due to slowing service revenue and depreciation and amortization costs associated with the operator’s 4G network. Net profit fell to S$117.9 million ($84.7 million), while service revenue decreased 1.4% to S$604.5 million as a result of the […]

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Retail Asia08/09/2016

Malaysia’s Axiata Group is considering increasing its stake in Singapore’s M1 as a strategic investment. Axiata CEO Tan Sri Jamaludin Ibrahim told that the company would “seriously consider” lifting its stake in M1 “if the price is right”. Axiata is already M1’s largest shareholder with a 28.5% stake. M1’s second largest shareholder Keppel Corp’s parent company […]

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Retail Asia07/09/2016

Singapore’s M1 has added three cybersecurity vendors to its list of managed security partners, as part of efforts to enhance its suite of cloud-based cybersecurity offerings. The three vendors are Red Sentry, Palo Alto Networks and Proficio, who join Trend Micro, Blackberry and Radware as partners in M1’s cybersecurity solutions suite. Red Sentry will provide […]

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Retail Asia24/08/2016

M1 and Nokia have teamed up to roll out the first nationwide commercial narrowband Internet of Things (NB-IoT) network in Singapore by 2017. When completed, the deployment – Nokia’s first large-scale deployment with an operator partner in Asia – is expected to be among the world’s first commercial NB-IoT deployments. NB-IoT networks and devices are […]

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Retail Asia23/08/2016

Singapore’s M1 has announced it has commenced Singapore’s first commercial HetNet rollout in collaboration with Nokia. As part of the rollout, M1 plans to progressively deploy Nokia’s Flexi Zone small cells and Wi-Fi equipment at hundreds of high-traffic hotspots across Singapore, including mass transit stations, malls and popular outdoor areas. The operator will also use […]

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Retail Asia20/07/2016

Singapore’s M1 has reported a 7.2% year-on-year decline in net profit for the six months ended in June, partly as a result of a 44% slump in handset sales. The operator reported a net profit of S$83.5 million ($61.8 million), on the back of flat revenue of S$407.3 million. While M1 added 14,000 postpaid and […]

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