SINGAPORE (Dec 18): UOB Kay Hian keeps its buy recommendation on M1 with a $3.26 target, citing several service offerings by the smallest Singapore telecommunications operator that helps it differentiate itself from others.

M1 has a “Data Passport” service that allows its customers to use their data bundle overseas at a monthly subscription of $10 without worrying about hefty roaming charges.

The company has also enhanced customer service and is expanding its enterprise solutions, As at 4.15pm, shares of M1 are down 0.7% at $2.68, compared with a 0.4% fall in the benchmark Straits Times Index.