MVNO (Mobile Virtual Network Operator)

SINGAPORE (Oct 16): DBS Group Research is maintaining M1 at “fully valued” with a target price of $1.49 given lower dividends on earnings decline as revenues come under pressure and costs escalate.

SINGAPORE (July 19): DBS is downgrading M1 to “fully valued” with a lower target price of $1.78 after removing the 25% M&A premium.

SINGAPORE (July 10): MyRepublic has clarified that it did not receive formal offers to set up an MVNO (Mobile Virtual Network Operator) from any of the three local telcos earlier this year.