M1 Limited (formerly Mobile One) and its subsidiaries are engaged in the provision of telecommunications services, international call services and fixed services, retail sales of telecommunications equipment and accessories, and customer services. M1 Limited was formed in August 1994 to enter the rapidly expanding mobile telecommunications market that was present in Singapore at the time.
M1 Limited's registered office and principal place of business is located at 10 International Business Park, Singapore.
On 4 December 2002, M1 was listed on the Singapore Exchange (SGX). In March 2019, Konnectivity Pte Ltd the joint venture between Keppel and Singapore Press fully acquired M1 Limited. As a result, on 24 April 2019 M1 Limited was delisted from the SGX.
M1 Limited and its subsidiaries operate in Singapore in one business segment, that of provision of telecommunications services, international call services and fixed services, retail sales of telecommunications equipment and accessories, and customer services. However, this segment can be split into further sub-segments, as follows.
Mobile telecommunications services - In the year end 31 December 2018, mobile telecommunications services accounted for 52.01% (SGD 569.4 million) of total revenue.
Handsets and equipment sales - In the year end 31 December 2018, handsets and equipment sales accounted for 30.96% (SGD 339.0 million) of total revenue.
Fixed services - In the year end 31 December 2018, fixed services accounted for 13.06% (SGD 143.0 million) of total revenue.
International call services - In the year end 31 December 2018, international call services accounted for 3.96% (SGD 43.3 million) of total revenue.
Note: In the year end 31 December 2018, M1 Limited also generated revenue of SGD 0.1 million from an others segment.
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