They account for 11% of M1’s fibre subscribers.
The member of Singapore’s telco triumvirate is looking to haul in more corporate customers as it plans to invest in fibre infrastructure.
According to UOB Kay Hian, M1 aims to provide diversity and backup path for its corporate customers who need redundancy for mission critical applications.
“Corporate customers account for 11% of M1’s fibre broadband subscriber base but generate half of its revenue from fibre broadband,” UOB Kay Hian said.
Additionally, UOB Kay Hian said M1 is a sub-contractor to NetLink Trust, who owns the core fibre infrastructure for NGNBN, making the company better positioned to influence service provisioning to its corporate customers.
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