M1 Limited

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M1 Limited - overview

Established

1997

Location

Singapore, -, Singapore

Primary Industry

Telecoms

About

M1 Limited is a Singapore-based telecommunications company that specializes in mobile connectivity, fiber broadband, and digital solutions, aiming to meet the diverse needs of its consumer base. M1 Limited is engaged in providing telecommunications services. Established in 1997 and headquartered in Singapore, M1 has evolved its business strategy to include a focus on mobile and broadband services. The firm was co-founded by Chamroeun Ou, Luca Silenzi, and Shirley Ashad, with Manjot Mann currently serving as CEO.


The company has undergone changes in its operational focus over the years but remains a significant player in the Singapore telecommunications market, catering to various consumer segments through its innovative offerings. M1 Singapore offers a comprehensive suite of telecommunication services, focusing on mobile connectivity, fiber broadband, and digital solutions tailored to meet diverse consumer needs. Their core product offerings include mobile phone plans, available as contract-free options or bespoke plans with customizable data and talk time allowances, catering to a range of individual usage patterns. Additionally, M1 provides high-speed fiber broadband plans designed for both residential and business customers, with specific packages aimed at gamers requiring low latency and prioritization for online gaming.


The company serves a wide range of end-users, including everyday consumers, business clients, and families, emphasizing flexibility and personalization in service offerings. M1 operates primarily in Singapore, with its products structured to meet the demands of a tech-savvy population that values both connectivity and service adaptability. M1 generates revenue primarily through subscription-based mobile and broadband services, operating on a direct-to-consumer model as well as catering to business clients. For the year 2023, M1 reported a revenue of USD 934.


42 mn, with an EBITDA of USD 157. 32 mn. The company’s pricing structure for mobile plans includes options starting from a monthly fee for basic packages, which can be adjusted based on user preferences for data and calling minutes. Fiber broadband services are similarly priced, with various tiers based on speed and features, catering to both individual and family needs.


Revenue is bolstered through promotional offerings, such as cash back on trade-ins and bundled device plans, enhancing customer acquisition and retention. Overall, M1's business model centers on delivering value through personalized telecommunications solutions, driving customer loyalty and steady revenue streams.


Primary Industry

Telecoms

Sub Industries

Telecoms Providers & Services

Website

www.m1.com.sg

Total Amount Raised

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