TPG Telecom

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.

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

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 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

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.

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.

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.

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

SINGAPORE (Sept 2): Singapore’s population may be 0.4% the size of China’s but the tiny city-state may soon host a larger number of carriers than the world’s largest mobile-phone market.