With the spectrum, Arete M plans to offer dedicated private LTE networks to industrial users and public safety and emergency services.
SINGAPORE (Feb 21): Research house NRA Capital likes 8Telecom International, calling the company a “potential telco of tomorrow” and giving it a fair value of 18.1–29.8 cents, representing an upside of 30.1–114.7% from its current share price of 14 cents.
The recommendation comes after 8Telecom’s 51% owned subsidiary Arete M was granted a licence by the IMDA to use the 1.79–1.80 GHz radio frequency spectrum for the provision of communication solutions.
