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Brokers' take
Published Fri, Aug 18, 2017 · 09:50 PM
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M1 > Buy UOB Kay Hian, Aug 18 Aug 18 close: S$1.805 Target price: S$1.98
M1 has to contend with higher handset subsidies caused by the launch of iPhone 8 and 8 Plus in Sept 17 as well as stiffer competition with the impending entry of TPG Telecom in 2018. M1 remains a takeover target should the industry consolidate from four to three players. Revenu…
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