[News] M1 eyeing acquisition targets, Apple's iPhone

[bigsale]

M1 is in discussions with Apple Inc to bring the iPhone to Asia

http://www.britcham.org.sg/images/logoM1.jpg

http://iphonic.tv/iphone.jpg

MACAU - SINGAPORE'S third-largest telecommunications company MobileOne Ltd, or M1, is looking at overseas acquisition targets as its domestic market is already saturated, its chief executive said.

'We are in talks with two companies in Asia for an acquisition or an investment,' MR Neil Montefiore told Dow Jones Newswires in an interview late on Monday on the sidelines of the GSMA Mobile Asia Congress.

Mr Montefiore declined to provide names of companies, but said M1 is interested in investment opportunities in the areas of content delivery and social networking. The company is also keen to evaluate opportunities in developed markets.

In addition, M1 is in discussions with Apple Inc to bring the iPhone to Asia, Mr Montefiore said.

Apple launched the iPhone in Europe this past Friday and in the US earlier this year. The Asian launch has been set for next year.
Apple is hoping to sell 10 million of the phones in 2008.

Mobile phone penetration exceeds 100 per cent here in Singapore and Mr Montefiore said the competitive environment remains challenging.

M1, Singapore's No. 3 telecommunications company by subscribers behind Singapore Telecommunications Ltd and StarHub Ltd, also wants to diversify its revenue base by offering wireless and fixed-line broadband services in its domestic market and branching out into new areas such as mobile advertising. -- AP


Source: http://news.asiaone.com/News/Latest%2BNews/Business/Story/A1Story20071113-36281.html

[Levin]

I think by the time come to SG, the rest of the world starting to take in 3G version of it liao..

[SpeedingBullet]

I think by the time come to SG, the rest of the world starting to take in 3G version of it liao..

and by the time we acquire the 3G version of iPhone, GooglePhone may be out liao.. :lookdown:

[thelastname]

if they really bringing it in, its gna be damn ex.

[wyetuck88]

if they really bringing it in, its gna be damn ex.

maybe a 36 months plan.:boom:

[MeteorFlare]

and by the time we acquire the 3G version of iPhone, GooglePhone may be out liao.. :lookdown:

there's no gPhone.. if you actually read the newspapers..
haha.. google unveiled it's "gPhone" as an Operating System for mobile phones..

it's still in development.. and has been partnered with the likes of HTC and many others..

[booest]

i'll pass.... unless there is 3.5G and with video conference call. :D

[SpeedingBullet]

there's no gPhone.. if you actually read the newspapers..
haha.. google unveiled it's "gPhone" as an Operating System for mobile phones..

it's still in development.. and has been partnered with the likes of HTC and many others..

It was just a frigging joke and you took it so seriously...rofl... :boom:

[Paul_Yeo]

I will buy if got iPhone Nano. I find it too big. Even my iPod Touch is a bit big for me.

[naro]

i'll pass.... unless there is 3.5G and with video conference call. :D
agreed. There's no point still getting a 2.5G phone. Although i'm still using a 2.5G phone myself. I still can't find a suitable and worthwhile 3 or 3.5G phone to upgrade to.

[Gollum]

dumb idea

by then whole mkt flooded with parallels..

[booest]

dumb idea

by then whole mkt flooded with parallels..

already mentioned when iphone soft launch...
knn take so long.. all the CLONES or iphone look-a-like
in the market liaoz.

[Gollum]

already mentioned when iphone soft launch...
knn take so long.. all the CLONES or iphone look-a-like
in the market liaoz.

well, the south east asia mkt not apple's main aim anyway.

probably sell less in SEA than one state in usa.

[totoro17]

wow.....i agree with them....spore too saturated alrd.

[naro]

actually i feel that Sg's market is too small. Aim would be US and Europe. They can't target Japan cos Japan has so much unique phones.

[hencpu]

2008 Asian iPhone, of which M1 is aiming, will be 3G or possibly HSDPA...not the outdated US model

[booest]

2008 Asian iPhone, of which M1 is aiming, will be 3G or possibly HSDPA...not the outdated US model

yea.. by then HTC will have a list of variety :D

[hencpu]

yea.. by then HTC will have a list of variety :D

well, if Apple is interested to hoot the pie in Asian mobile market share, they will need update their phone technology to the latest one :hat1:

[lwj5]

well, if Apple is interested to hoot the pie in Asian mobile market share, they will need update their phone technology to the latest one :hat1:

yar! i second tat

[Paul_Yeo]

you all say iPhone no 3G ... now, do you all actually really use the 3G service or not (if your current mobile phone has 3G)?

[Keon.SG]

yeah lor ...used my friend iphone that day ... need two hands lorx ... at least my E61i no need la ... and let M1 be the distro !

[jamie]

actually i feel that Sg's market is too small. Aim would be US and Europe. They can't target Japan cos Japan has so much unique phones.

maybe we will able to see the PSP phone

[cyberazi]

i rather go for the meizu M8