SINGAPORE (Sept 27): UOB Kay Hian is keeping its “buy” recommendations on M1, Singapore Telecommunications (SingTel), and NetLink NBN Trust amid a delay in the entry of Singapore’s fourth mobile operator to the second half of 2018.
With TPG Telecom planning for a simultaneous rollout for mobile in Australia and Singapore, UOB analyst Jonathan Koh says the company might be “overstretched and forced to prioritise”.
“Given the acute execution risk in Australia, TPG has limited capacity to pursue an overly aggressive and disruptive strategy to gain market share in Singapore,” Koh says in a Monday report.
For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
