M1 (formerly: MobileOne)

[CityFarmer]

I put this news article in M1 thread, due to its relevancy with M1's OTT initiatives...

M1 is in a right track IMO. There is a trend of direct delivery of media content. The interactive platform provided by cable operators will never beat Twitter's experience...

Will STB (Set-Top Box) service be obsoleting soon? Probably need an appearing of a tipping point...

TV drama in the Twitter age

LOS ANGELES — For decades, the TV viewing experience was much the same. Tune into your favorite show, week by patient week, all on the network’s schedule. Feedback was restricted to faceless Nielsen ratings and perhaps a plaintive letter or phone call to executives complaining about a favorite show’s cast change or cancellation.

No more. In a connected world of DVDs, DVRs, video on demand and, more recently, Web streaming, the calculus of control has shifted. Gorge on an entire season of a new show in one delirious 13-hour sitting the day it debuts. Tweet your delight/disbelief/fury about plot twists to your multitude of followers. Marshal an army on social media to demand a show return from the dead, perhaps even as a movie.

http://www.todayonline.com/entertainment...witter-age

[CityFarmer]

Base on an article in the latest copy of The Edge, "M1 edging into TV competition", M1 is discussing with Mediacorp's for distribution of Free-To-Air (FTA) TV channels via its MiBox. It should not be an issue, and should be able to do so by end of this year IMO

Base on MDA's digital TV's road-map, MediaCorp will transmit all its seven free-to-air channels digitally by December 2013.

http://www.mda.gov.sg/Public/DigitalTV/P...admap.aspx

The next milestone is to reach paid subscribers of 100K, to qualify for cross-carriage scheme, IMO...

[CityFarmer]

M1 Limited wishes to announce that it will release its Third Quarter 2013 financial results
after close of trading on 14 October 2013.

Reference: http://infopub.sgx.com/FileOpen/M1_Date_...eID=257967

There might be a chance M1 will follow Starhub, distribute quarterly dividends. So will M1 start with the coming quarter?

[Dividend Warrior]

There might be a chance M1 will follow Starhub, distribute quarterly dividends. So will M1 start with the coming quarter?

Quarterly payments will be a welcomed change.

Vested.

[Dividend Warrior]

Telco M1 has been fined $1.5 million for a service outage in January that lasted 64 hours, the worst mobile network failure Singapore has experienced to date. This is the highest fine ever imposed on a telco.

In a statement Thursday, the Infocomm Development Authority (IDA) said that it found M1 "had not fulfilled its obligation to provide resilient mobile telephone services". The regulator found that some 250,000 M1 users were affected.

Affected 3G services were confined in the south-western parts of Singapore (West Coast, Jurong and Tuas) and 2G services in the north-western parts of Singapore (Woodlands, Yishun and Kranji).

M1's mobile disruption started on Jan 15 when one of its vendors was upgrading transmission equipment at its network headquarters in the International Business Park. This caused a power problem which set off gas suppression and water sprinkler systems. One of the telco's mobile network switches then tripped, causing the outage.

[mkmk]

http://infopub.sgx.com/FileOpen/3Q13SGXA...eID=259700

Third Quarter 2013 Financial Statement Announcement
- Net Profit increased 19.4% YoY to $39.5mil. YTD $119.7mil profit, an increase of 10.2% from FY2012
- EPS YoY increased from 3.6cents to 4.3cents. YTD 13.0 cents, an increase of 9.0%


Presentation Slides: http://infopub.sgx.com/FileOpen/3Q13Pres...eID=259704
Press Annoucement: http://infopub.sgx.com/FileOpen/3Q13Pres...eID=259710

[NTL]

M1 Limited wishes to announce that it will release its Third Quarter 2013 financial results
after close of trading on 14 October 2013.

Reference: http://infopub.sgx.com/FileOpen/M1_Date_...eID=257967

There might be a chance M1 will follow Starhub, distribute quarterly dividends. So will M1 start with the coming quarter?

Sorry, no quarterly dividend.

---

I am surprised of the drop in Revenue.

From what I know, they are removing the lower tier plans, and requesting the users to upgrade to higher tiers. They are also giving lesser discounts to corporate users and reduce the number of corporate lines per user.

The numbers of users actually increase in all area. Wonder why the drop in the Revenue. Anyone knows?

Thanks.

[mkmk]

I am surprised of the drop in Revenue.

From what I know, they are removing the lower tier plans, and requesting the users to upgrade to higher tiers. They are also giving lesser discounts to corporate users and reduce the number of corporate lines per user.

The numbers of users actually increase in all area. Wonder why the drop in the Revenue. Anyone knows?

Thanks.

Under page 8 of the 3Q announcement, the drop was due to a handset sold revenue, from 59.3mil to 35.9mil. In fact, it has been declining for the past 3 quarters

(FY13 vs FY12)
1Q: 43.4m vs 70.8m
2Q: 37.2m vs 41.9m
3Q: 35.9m vs 59.3m

[Dividend Warrior]

I am surprised of the drop in Revenue.

From what I know, they are removing the lower tier plans, and requesting the users to upgrade to higher tiers. They are also giving lesser discounts to corporate users and reduce the number of corporate lines per user.

The numbers of users actually increase in all area. Wonder why the drop in the Revenue. Anyone knows?

Thanks.

Under page 8 of the 3Q announcement, the drop was due to a handset sold revenue, from 59.3mil to 35.9mil. In fact, it has been declining for the past 3 quarters

(FY13 vs FY12)
1Q: 43.4m vs 70.8m
2Q: 37.2m vs 41.9m
3Q: 35.9m vs 59.3m

Is it possible that most people are holding onto their old iPhone 5 and Samsung Galaxy S3, instead of getting the new iPhone 5S and Samsung Galaxy S4?

Vested.

[CityFarmer]

Sorry, no quarterly dividend.

Yes, a bit of disappointment.

I am surprised of the drop in Revenue.

From what I know, they are removing the lower tier plans, and requesting the users to upgrade to higher tiers. They are also giving lesser discounts to corporate users and reduce the number of corporate lines per user.

The numbers of users actually increase in all area. Wonder why the drop in the Revenue. Anyone knows?

Thanks.

We should focus on service revenue, rather on operating revenue, for the overall performance.

Service revenue of 612.8 mil (9-months FY13) versus 577.4 mil (9-months FY12), +6% increment. PBT and NP increased by +9% and +10% respectively. It should tally with your expectation.

One point to note is fiber customer increased by 10K for Q3, rather than the previous 7-8K per Q. Let's hope the increment will sustain. The fixed service's revenue was 45 mil (9 months FY13) versus 36 mil (9 month FY12), an increment of +25%

(vested)