Bharti Airtel’s 2QFY2025 earnings rose by 32% y-o-y and 34% q-o-q, while Globe had a 22% y-o-y growth.
Maybank Securities maintains its “buy” call on Singapore Telecommunication with an unchanged target price of $3.70, following a mixed bag of results posted by its various regional associates.
Maybank analyst Hussaini Saifee estimates aggregate 2QFY2025 post-tax contributions from Singtel’s key associates’ fell 3% y-o-y but rose 5% q-o-q.
