MyRepublic

TELECOMMUNICATIONS

Covid-19 sends demand for data skyrocketing, but telcos struggle to reap profits

In the blockbuster science fiction film The Matrix, human beings live in a virtual world while lying in a state of suspended animation to serve as living batteries for diabolical machines.

Broker's Calls

Local telco incumbents 'clearly have an edge' over new entrant at this juncture, says Maybank

SINGAPORE (Feb 7): Maybank Kim Eng is keeping “neutral” on Singapore’s telco sector on the belief that incumbent telcos have an edge in terms of subscriber in retention amid a “proliferation of new

Broker's Calls

StarHub fails to leave analysts star-struck after a dismal 1Q

SINGAPORE (May 4): Maybank Kim Eng and OCBC Investment Research UOB Kay Hian are maintaining their “hold” calls on StarHub with an unchanged price target and fair value estimate of $2.27 and $2.20,

Results

StarHub's 1Q earnings fall 14.9% to $61.5 mil on lower sales

SINGAPORE (May 3): StarHub reported a 14.9% decline in 1Q18 earnings to $61.5 million from $72.3 million a year ago on lower sales.

StarHub emerges as MyRepublic partner for MVNO rollout

SINGAPORE (May 3): StarHub has entered into a strategic partnership to provide MyRepublic with the mobile network infrastructure to launch its Mobile Virtual Network Operator (MVNO) services in Sin

Broker's Calls

Year of trepidation for telcos on MVNO threat

SINGAPORE (Jan 12): UOB Kay Hian has turned defensive on the telco sector as channel checks indicate TPG Telecom's network deployment is progressing smoothly and is on track for its year-end commer

Broker's Calls

Tight competition ahead for Singapore's telcos

SINGAPORE (Jan 10): Tight competition within Singapore’s Telecommunications sector should persist in 2018, with the new entrants joining the fray, according to RHB.

MyRepublic secures $70 mil in funding; to launch MVNO service in 2018

SINGAPORE (Nov 22): Broadband provider MyRepublic has secured a $70 million investment from Makara Innovation Fund to accelerate its growth in current markets as well as scale up product and servic

Broker's Calls

Only one telco could remain relatively unscathed from intensifying competition: OCBC

SINGAPORE (Sept 11): OCBC Investment Research is maintaining its “neutral” stance on Singapore’s telco sector in anticipation of an intensifying competitive landscape with the impending entry of TP

Broker's Calls

M1 ‘fully valued’ to DBS after removal of M&A premium

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.

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