14-10-2012, 08:47 PM
I did not look at M1, but for Singtel, its leverage is not high in general. probably less than 1 even including associates and joint ventures' balance sheet.
It seems that Singtel is not aggressively pursuing mobile customers from the other 2 operators. Singtel spent 400 million on BPL to after Starhub's pay-TV with mioTV revenue of 100 million for FY2012, which is crazy. Wonder what will happen if Singtel do this kind of thing to acquire mobile customers. Singtel does have enough financial power to lower its mobile profit margin to after customers from the other 2 operators, but it did not do it. maybe because of regulatory issue?
It seems that Singtel is not aggressively pursuing mobile customers from the other 2 operators. Singtel spent 400 million on BPL to after Starhub's pay-TV with mioTV revenue of 100 million for FY2012, which is crazy. Wonder what will happen if Singtel do this kind of thing to acquire mobile customers. Singtel does have enough financial power to lower its mobile profit margin to after customers from the other 2 operators, but it did not do it. maybe because of regulatory issue?