M1 Press Release
Operating revenue grew 8.8% to S$1,064.9 million, driven by higher service revenue and handset sales. Service revenue grew 2.4% to S$750.5 million, benefiting from growth in mobile customer base, as well as higher contribution from fixed services.
Revenue from non-voice services rose by 3.7 percentage points to make up 35.6% of service revenue, driven by continued growth in smartphone customer base. This customer base now accounts for about 67% of total postpaid customers.
The total mobile customer base grew by 104,000 in 2011 to reach 2.015 million customers as at 31 December 2011.
