TPG Telecom

NetLink NBN Trust to support TPG's 5G trial network

SINGAPORE (Nov 11): Units in NetLink NBN Trust fell on Monday afternoon, after the trust announced during the mid-day break that it will be supporting TPG Telecom in its 5G trial network across Singapore Science Park 1 and 2.

See: NetLink Trust kept at 'buy' by 5 houses on earnings visibility and 5G potential

TPG Telecom's operations held back by lack of investment

SINGAPORE (July 29): More than half a year after the highly anticipated launch of TPG Telecom, Singapore’s long-awaited fourth telco, its services have been found wanting. A recent report by mobile analytics company Opensignal highlights the deficiencies of TPG’s coverage.

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Telco shares dip as TPG offers free unlimited data roaming in Malaysia, Indonesia

SINGAPORE (June 26): TPG Telecom has fired another salvo in a bid to pry users away from incumbent telcos Singapore Telecommunications (SingTel), StarHub and M1.

From the middle of next month, TPG says it will offer its mobile users with free unlimited data roaming in Malaysia and Indonesia.

While roaming, users will also be able to make unlimited calls to Singapore mobile numbers and have up to 20 minutes for calls to Singapore fixed-line numbers. All incoming calls and SMS will be free.

Briefs

SINGAPORE (May 13): “I have waited my entire career to trade a stock like this, and to open an IPO like Uber.”Pete Giacchi, senior trader at Citadel Securities. Uber is set to start trading on May 10.

MAS shifts $45 billion of reserves to GIC in unusual, publicised move

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Aussie competition regulator to block TPG-Vodafone merger

(May 8): Australia's competition regulator will oppose to the A$15 billion ($14.3 billion) merger between mobile phone and Internet data providers TPG and Vodafone Hutchison Australia (VHA).

Shares in TPG, which became Singapore's fourth mobile operator in 2016, and Hutchison Australia plummeted after the Australian Competition and Consumer Commission (ACCC) accidentally published the news on its mergers register on Wednesday afternoon before the market closed.

Competition to hit StarHub's near-term earnings

SINGAPORE (May 6): Consensus are mostly neutral on StarHub following its results announcement on May 3. The group posted a 14.2% y-o-y drop in its 1Q19 earnings, with revenue increasing 6% y-o-y to $597 million.

The revenue increase was mainly driven by strong segmental revenue contributions from network solutions (+9%) and cyber security services (+41%), which mitigated 5% and 12% lower service revenues from the mobile and Pay TV businesses, respectively.

Why Singtel, NetLink NBN Trust remain OCBC's top 'buy' picks in a cut-throat telco scene

SINGAPORE (Mar 15): OCBC Investment Research is maintaining “neutral” on Singapore’s telco sector in the wake of the 4QCY18 reporting season, which saw StarHub and M1 results come in within expectations, while that of Singtels was slig

NetLink NBN Trust, Singtel among UOB's top alpha picks for Feb

SINGAPORE (Feb 8): UOB Kay Hian is maintaining its “buy” call on NetLink NBN Trust considering its dominant market share of 90% and 34% for residential and non-residential fibre connections, respectively, where growth is projected at a three-year CAGR of 6.2%-8.5% for FY18-21.

In a Friday report, analyst Jonathan Koh highlights NetLink’s current relationship with TPG Telecom as the latter’s provider of non-building address point (NBAP) connections for backhaul transmission.

Singtel kept as top pick for RHB amid 'aggressive' TPG trial launch

SINGAPORE (Jan 14): RHB Research is maintaining its “neutral” stance on Singapore’s telecommunications sector following the launch of an “expectedly aggressive” trial offer by new mobile entrant TPG Telecom.

“TPG quashed earlier talks that it may abort its mobile rollout by launching a free 4G SIM-only data plan in Dec 2018, offering 12 months of unlimited data,” says RHB’s Singapore research team in a report on Monday. “We expect competition to remain elevated on the recent trial launch.”

Local telcos to face full effects of competition from TPG by mid-2019, says UOB

SINGAPORE (Jan 2): UOB Kay Hian has downgraded its view on Singapore’s telco sector to “market weight” from “overweight” in anticipation of intense competition from TPG Telecom.

The move comes as the fourth mobile entrant launched its trial service in Dec 2018 at “mind-blowing pricing” which incumbents would eventually be forced to match, in the research house’s view.

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