Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (62558)	4/1/2002 4:50:11 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

M1's profit rises 64% to S$131m in 2001 Monday April 1, 2:27 PM sg.news.yahoo.com Singapore's number two cellular phone company MobileOne (M1) has announced a 64 percent rise in pre-tax profit to S$131 million (US$72 million) in 2001. M1's sales in 2001 soared 13 percent to S$639 million. The telco has grabbed more than one million customers and 35 percent of the market since its launch in 1997. M1 chief executive Neil Montefiore said in a statement that despite stiff competition and the weak economic environment in 2001, the company was able to capitalise on its strengths in customer service, branding, marketing and network management. The other players in the market include SingTel, the dominant player in the telecommunications market, and Starhub and Virgin Mobile. M1 also offers international direct dialing and paging services.