MobileOne completes pre-marketing

China Telecom''s travails gives lead managers pause for thought as investor pre-marketing wraps up in Singapore.

An IPO for Singapore's second largest cellular operator, MobileOne, is likely to be filed with the Monetary Authority of Singapore today Wednesday as lead managers ABN AMRO and UBS Warburg complete the final few days of investor pre-marketing.

The two have already completed a week of pre-marketing in the US and Europe before moving to Asia at the beginning of this week. Formal roadshows are scheduled to start in Hong Kong on Monday November 11, with pricing of the institutional book taking place on November 25, followed by a week for the Singapore retail offering and then listing in early December.

MobileOne faces a market where institutional investors hold virtually...

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