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Don't catch the telco falling knife before TPG launch, says UOB

Samantha Chiew
Samantha Chiew3/12/2018 11:52 AM GMT+08  • 2 min read
Don't catch the telco falling knife before TPG launch, says UOB
SINGAPORE (Mar 12): Investors should not catch a falling knife by buying TPG before it launches its mobile services, says UOB KayHian.
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SINGAPORE (Mar 12): Investors should not catch a falling knife by buying TPG before it launches its mobile services, says UOB KayHian.

In a Monday report, analyst Jonathan Koh expects telco share prices to bottom two months after TPG’s launch, but will rebound in the third month.

As a case study, Koh recalls the year 2000 when StarHub launched its mobile services with a 3G network.

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