M1 - Growth From Mobile Resumes | I3investor

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M1 - Growth From Mobile Resumes

StockFanatic

Publish date: Thu, 04 Dec 2014, 01:52 PM

Customers waiting for the larger form factor offered by the iPhone 6 and iPhone 6 Plus have resulted in negative net addition for post-paid mobile subscribers in 3Q14. We expect pent-up demand and the alleviation of supply constraint to produce positive net addition in 4Q14.

Re-iterate BUY. Target price: S$4.00.

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