TPG Telecom

SINGAPORE (June 20): OCBC Investment Research says Singtel’s guidance for dividends to be maintained at 17.5 cents for FY19 and FY20 signals a stable cashflow outlook despite the competitive pressures.

SINGAPORE (June 12): UOB Kay Hian continues to rate the telecommunications sector as “market weight” as competition within the sector has intensified even before TPG Telecom has launched its mobile services on a commercial basis.

SINGAPORE (Apr 20): Singtel shareholders may be worried about the entry of TPG Telecom later this year. But they should pay just as much attention to the stiff telco battle taking place in India.

SINGAPORE (Apr 10): UOB Kay Hian is maintaining its “sell” call on StarHub with a target price of $2.25.

SINGAPORE (Apr 3): Maybank Kim Eng Research has upgraded the Singapore telecommunications sector to “neutral” from “negative” previously.

SINGAPORE (Mar 27): UOB Kay Hian is maintaining its “sell” recommendation on M1 with a target price of $1.60 on expectations of stiff market competition from the impending entry of TPG Telecom as Singapore’s fourth mobile operator in 2H18.

SINGAPORE (Mar 20): UOB Kay Hian has downgraded M1 and StarHub to “sell” after fourth mobile operator TPG Telecom on Monday fired its first salvo with a package aimed at senior citizens.

SINGAPORE (Mar 14): Maybank Kim Eng is maintaining Singapore's telco sector at "negative" given the worst-case scenario of a more aggressive tariff war cannot be ruled out.

Singapore (Feb 21): OCBC is recommending that investors switch out of StarHub and into Singtel given the latter’s diversified and more stable earnings base, and being the only telco whose latest earnings results met the research house’s expectations.

SINGAPORE (Jan 17): CIMB is maintaining its “hold” call on StarHub with a higher target price of $2.80 compared to $2.30 previously, while continuing to expect EBITDA and core earnings per share (EPS) to fall 12% and 36%, respectively, over FY16-20.