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Brokers' take

Published Thu, Jan 25, 2018 · 09:50 PM

M1 | Sell Target price: S$1.63 Jan 25 close: S$1.89 Maybank Kim Eng, Jan 24

Maintain "Sell" as we expect competitive intensity to increase as TPG and MVNO MyRepublic launch their services this year.

Management disclosed the postpaid subscriber base under contract is about 70 per cent. This contracted proportion is lower than our ex…

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