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Brokers' take

Published Wed, Jan 25, 2017 · 09:50 PM
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M1 | Buy Target price: S$2.48 Jan 25 close: S$2.05 UOB Kay Hian Research, Jan 25

M1's Q4 2016 results were in line with expectations.

We believe the chances of M1 and StarHub sharing a common radio access network and backhaul transmission for 5G are high, as both companies share the same set of equipment vendors, namely Huawei and Nokia.

With the mobile landscape getting more competitive, M1 and StarHub are forced to collaborate.

Reiterate "buy" with target price at S$2.48.

Keppel Reit | Buy Target price: S$1.18 Jan 25 close: S$1.015 Mayban…

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