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MarketScreener Homepage  >  Equities  >  Singapore Stock Exchange  >  Keppel Corporation Limited    BN4   SG1U68934629

KEPPEL CORPORATION LIMITED

(BN4)
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Keppel : M1 and Huawei add a 5G touch to Singapore's Lunar New Year festivities

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01/30/2020 | 12:15am EDT

M1 collaborates with Huawei Technologies to enhance the Chingay parade experience with 5G drone and AR effects

M1 Limited (M1) and Huawei Technologies today announced that they are working together to enhance this year's Chingay parade experience with advanced 5G standalone (SA) network technology.

Organised by People's Association (PA), the Chingay is one of Asia's largest street parade. It is held annually to showcase Singapore's cultural heritage and diversity and to mark the Lunar New Year festivities. The two-day parade, themed 'Colours in Harmony', will be held on 31 January and 1 February 2020 at the F1 Pit Building, and will feature an array of vibrant performances and displays.

Adding a unique technological element to this year's parade, M1 and Huawei will deploy its 5G SA network infrastructure and state-of-the-art equipment to enhance the overall parade experience. This includes the deployment of a camera drone to capture footage of one of the key highlights of the Chingay parade - the longest dragon dance in the world, which measures 108-metres long and two-metres wide. This footage will then have special augmented reality (AR) effects added to it and transmitted to a live web broadcast for viewers to stream online.

With M1's low latency and high bandwidth 5G network, viewers can enjoy an AR enhanced viewing experience through the live web broadcast. In the latest Opensignal Singapore Mobile Network Experience report1, M1 was ranked first for Latency Experience, attaining the fastest responsiveness time of just 26.6ms. With 5G technology aiming to deliver even more responsive networks in the years ahead, M1 is well-positioned to capitalise on its low-latency responsive network to support a wide range of applications and services, as well as the development of innovative smart solutions in Singapore.

'M1 is exhilarated to add an innovative 5G touch to this year's Chingay parade and be a part of the vibrant celebrations organised by the PA. By capturing and live-streaming a bird's-eye-view of the world's longest dancing dragon with viewing experience augmented by AR effects, we have showcased our capabilities to innovate and tap the benefits of 5G SA technology. This live demonstration is a glimpse of how we could harness 5G to enhance the way our customers work, live and play, ahead of full-fledged 5G network deployment in Singapore,' said Mr Denis Seek, Chief Technical Officer, M1.

'Huawei is thrilled to collaborate with M1 and the People's Association to demonstrate the impact and benefits of 5G for Singaporeans. This high-quality live broadcast of the parade enabled by 5G is only the beginning of this journey. Huawei's technology is designed to improve lives and we will continue to unleash the deeper potential of 5G, as we work with our partners to help Singapore attain its goal of becoming a global front-runner in 5G implementation,' said Mr Nicholas Ma, Chief Executive of Huawei International.

- End -

1Opensignal Singapore Mobile Network Experience Report - December 2019 https://www.opensignal.com/reports/2019/12/singapore/mobile-network-experience

About M1

M1, a subsidiary of Keppel Corporation, is Singapore's most vibrant and dynamic communications company, providing mobile and fixed services to over two million customers. Since the launch of commercial services in 1997, M1 has achieved many firsts, including the first operator to offer nationwide 4G service, as well as ultra high-speed fixed broadband, fixed voice and other services on the Next Generation Nationwide Broadband Network (NGNBN). With a continual focus on network quality, customer service, value and innovation, M1 links anyone and anything; anytime, anywhere. For more information, visit www.m1.com.sg

Facebook: facebook.com/m1limited

Instagram: instagram.com/m1.sg

Twitter: twitter.com/m1singapore

LinkedIn: linkedin.com/company/m1-limited

About Huawei

Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. With integrated solutions across four key domains - telecom networks, IT, smart devices, and cloud services - we are committed to bringing digital to every person, home and organization for a fully connected, intelligent world. At Huawei, innovation focuses on customer needs. We invest heavily in basic research, concentrating on technological breakthroughs that drive the world forward. We had more than 188,000 employees by the end of 2018, and operate in more than 170 countries and regions. Founded in 1987, Huawei is a private company fully owned by its employees.

For more information, please visit Huawei online at www.huawei.comor follow us on:

http://www.linkedin.com/company/Huawei

http://www.twitter.com/Huawei

http://www.facebook.com/Huawei

http://www.youtube.com/Huawei

Disclaimer

Keppel Corporation Ltd. published this content on 30 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 January 2020 05:14:06 UTC

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Financials
Sales 2020 6 642 M 4 839 M 4 839 M
Net income 2020 -161 M -117 M -117 M
Net Debt 2020 9 740 M 7 096 M 7 096 M
P/E ratio 2020 -79,8x
Yield 2020 2,73%
Capitalization 7 561 M 5 518 M 5 508 M
EV / Sales 2020 2,60x
EV / Sales 2021 2,35x
Nbr of Employees 18 297
Free-Float 99,3%
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Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 5,85 SGD
Last Close Price 4,16 SGD
Spread / Highest target 72,1%
Spread / Average Target 40,7%
Spread / Lowest Target -8,17%
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Managers
NameTitle
Chin Hua Loh Chief Executive Officer & Executive Director
Boon Yang Lee Non-Executive Chairman
Hon Chew Chan Chief Financial Officer
Khirn Hai Yeo Independent Non-Executive Director
Ek Kia Tan Independent Non-Executive Director
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