StarHub, M1 stocks dip, Singtel stays flat after spectrum auction
Final pricing for spectrum bands were higher than expected, says OCBC
Singapore
STOCK prices of telcos M1 and StarHub fell marginally on Wednesday, while Singtel remained flat, following the conclusion of Info-communications Media Development Authority's (IMDA) first stage of the latest round of General Spectrum Auction (GSA) on Tuesday.
At the end of trading, M1 closed 4 cents down, or 1.85 per cent, at S$2.12. StarHub fell 2 cents, or 0.69 per cent, to S$2.86. Singtel remained flat at S$3.92.
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