
Data usage for M1 jumped 28% to 2.3GB per month
Thanks to higher 4G speeds.
According to DBS, average data usage for M1has risen 28% y-o-y to 2.3GB/month, driven by higher 4G speeds and richer mobile content.
About 26% of M1’s postpaid customers were on tiered plans in June 2012 versus 20% in March 2013 and 14% in Dec 2012.
Here's more from DBS:
About 15% of these (9% in March) exceeded data caps while 11% (11% in March) upgraded to higher tier plans.
Overall, 6.7% (4% in March) of its customers have been paying higher service revenues than before in just nine months after the launch of the tiered plans.
Management expects 60-65% of subscribers to be on tiered plans by end of 2014F.