M Limited M was formed in August to enter the rapidly expanding mobile telecommunications market in Singapore. lt br / gt lt br / gt In May , we won the licence to operate Singapore s second cellular telephone service as well as a radio paging service. Both services were launched on April when the previous monopoly ended. lt br / gt lt br / gt Within three weeks of its launch, M signed up more than , cellular customers, one of the world s highest take up rates for a new market entrant then. lt br / gt lt br / gt Taking a fresh approach to mobile telecommunications, M began to set the pace for innovative services by introducing features such as hour customer service, longer off peak hours and bundled SMS Short Message Service . lt br / gt lt br / gt With our strong branding and value proposition, sales soared and within months of commencing operations, M achieved profitability several years ahead of projection. Since then, M has made significant inroads into the local mobile telecommunications market, gaining considerable brand presence and market share. We are known as an innovative and quality mobile service provider with a customer focused approach to business. lt br / gt lt br / gt In our short history, M has successfully achieved many firsts we were the first operator in Singapore to commercially launch G mobile services in February M Broadband, Singapore s first true island wide wireless broadband service was made available in December our fibre services were commercially launched on the Next Generation Nationwide Broadband Network NGNBN in September and after launching South East Asia s first commercial Long Term Evolution LTE network in June , we became the first operator in South East Asia to offer nationwide G service on September . lt br / gt lt br / gt On December , M was listed on the Singapore Exchange in Singapore s largest public offering in three years and the third largest of all times. Founding shareholders Keppel Telecoms Pte Ltd . and SPH Multimedia Private Limited . , together with Axiata Investments Singapore Limited . now jointly own . of M with the rest owned by institutional and public investors. lt br / gt lt br / gt Note: Information correct as at February .
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Last Trade Date Time: | 12/31/1969 07:00:00 pm |
News | M1 Limited - ADR (OTCMKTS:MBOFY)
Actionable Conclusions (1-10): Analysts Estimate Top Ten Communications Services 'Safer' Dividend Equities To Net 14.11% to 26.07% Net Gains By June 2019 Six of ten top-yield "safer" dividend communication services equities (tinted gray in the chart above) were among the top ten gainers fo...
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