Stocks of telcos are seen by analysts as resilient counters that can keep their dividend guidance even as the market suffers from selldowns. But with the Covid-19 outbreak, Singtel and StarHub also want to be known for helping its subscribers cope with the losses and the lockdowns

SINGAPORE (Apr 3): As the Covid-19 pandemic rages on, just about every sector in the Singapore economy has been hurt in varying degrees. Hotels, airlines, have suffered so-called “first-order” impact.

Meanwhile, telcos, with their critical function of providing communications and Internet access, are seen as somewhat more resilient. In fact, they may even benefit from stronger demand.

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