Limited upside for M1, analysts say, amid talk of possible sale
Analysts say intense competition clouding outlook for telco sector
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Singapore
AMID takeover speculation for telco M1, analysts continued to debate how much of a premium a potential buyer would pay. Valuations ranged widely from S$1.58 to S$2.74.
Some pointed out that the stock is unattractive due to stiff competition in Singapore's saturated telco scene. Others wondered if fellow competitor StarHub could merge with it.
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