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Tech

Huawei sales rises 16% on strong demand for its phones and chips

Huawei’s handset shipments grew 42% in the July-September period
China Telecom: Industrial digitalisation to lead new growth - THE EDGE SINGAPORE

Global stocks

China Telecom: Industrial digitalisation to lead new growth

Besides a strong hold on the consumer market, China Telecom is capturing new growth in the enterprise market

Telecommunications

Bharti Airtel slips after posting profit miss amid 5G rollout

"Given the large investments required, we believe there is a need for tariff correction."

Telecommunications

India sells record US$19 billion airwaves with Reliance top buyer

The airwave auction will bolster the Narendra Modi-led government’s finances

Telecommunications

Tycoons line up bids for India's US$14 billion 5G airwaves auction

"Whether it is Adani or Ambani, India will benefit from a massive 5G roll out."

Broker's Calls

Singtel well positioned to weather competition, looking cheap at current prices: UOB Kay Hian

SINGAPORE (Mar 21): UOB Kay Hian is maintaining its “buy” call on Singtel with a target price of $3.58, while highlighting that the stock, at the price of $3.02, is currently below its mean EV/EBITDA with a 5.8% dividend yield.

Tech

Apple priced itself out of shrinking Chinese smartphone market

SAN FRANCISCO (Jan 4): Apple Inc.’s falloff in demand for iPhones in China shows the company’s flagship product is hurt by its high price and the rise of cheaper, more comparable rival devices in the world’s biggest market.

Results

StarHub's 1Q earnings fall 14.9% to $61.5 mil on lower sales

SINGAPORE (May 3): StarHub reported a 14.9% decline in 1Q18 earnings to $61.5 million from $72.3 million a year ago on lower sales.

In print this week

How Singapore’s telcos are responding to disruption with innovation

SINGAPORE (April 7): StarHub and Singtel are losing pay-TV customers with the increasing availability of Android TV boxes, free offerings such as Viu and CATCHPLAY, and an expanding array of legal streaming services available today – with Netflix being

Broker's Calls

StarHub says no intention of merging with M1

SINGAPORE (March 31): Maybank Kim Eng Research continues to rate StarHub at “sell” at an unchanged price target of $2.49, foreseeing turbulent times ahead for the local telco despite it announcing a game plan to manage recent changes in the industry.
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