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Broker's Calls
TPG Telecom & Singtel continue battle in Australia’s telco arena
SINGAPORE (April 12): After successfully securing its position as Singapore’s fourth mobile entrant late last year, TPG Telecom is now eyeing the prized spot as Australia’s fourth mobile operator as well.
April 12, 2017
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.
March 31, 2017
Broker's Calls
Why Singtel investors face limited downside risks
SINGAPORE (March 31): OCBC Investment Research is reiterating its “buy” recommendation on Singtel at a fair value of $4.25 given its long-term growth prospects as well as resilient earnings on the back of its diversified portfolio of businesses.
March 31, 2017
Broker's Calls
Singapore telco sector’s likely return to 3-player oligopoly viewed as ‘favourable’
SINGAPORE (March 27): UOB Kay Hian is reiterating its “buy” call on Singtel with a target price of $4.53, while keeping its “overweight” view on telecommunications sector after assessing the impact of increased competition with the entry of the
March 27, 2017
Broker's Calls
Skies remain overcast for M1
SINGAPORE (Jan 13): CIMB Securities continues to keep its “hold” call on M1 Limited, Singapore’s smallest telco, as it lowers the stock’s target price estimate to $1.90 from $2.10 previously.
January 13, 2017
Broker's Calls
TPG has won the 4th mobile licence, so what’s next?
SINGAPORE (Dec 15): CIMB is maintaining Singtel as its preferred telco pick with an "add" call with $4.50 target price while sticking to its “hold” calls for M1 and StarHub.
December 15, 2016
CIMB Looks Ahead
Singapore telcos face new challenges posed by 4th mobile player
SINGAPORE (Dec 7): CIMB is rating Singapore’s telco sector a “neutral”, citing challenges posed by the fourth mobile player. But Singtel gets the only “add” call, given better medium-term earnings growth outlook compared to its peers and being t
December 07, 2016
Broker's Calls
Singtel attractive on Optus’ strength
SINGAPORE (Nov 29): UBS remains bullish on Singapore Telecommunications with a “buy” call and a target price of $4.70, citing Optus’ strength in the Australian market.
November 29, 2016
AirYotta backs out of race for Singapore’s 4th telco; two bidders left
SINGAPORE (Nov 16): AirYotta today announced it has dropped out of the race to become Singapore’s fourth telco as it “did not meet all of the Infocomm Media Development Authority’s requirements for the bid”.
November 16, 2016
The Edge Billion Dollar Club
Smallest telco gets highest score, but other companies top on three metrics in communication sectors
This story first appeared in the The Edge Singapore (week of Oct 24)
November 04, 2016