In a Monday report, lead analyst Eugene Chua recalls how all three telecommunications service providers (telcos) had reported weaker earnings results over the latest quarter, as their mobile segments continued to be impacted by intense competition and the increasing adoption of over-the-top (OTT) services.
SINGAPORE (Sept 11): OCBC Investment Research is maintaining its “neutral” stance on Singapore’s telco sector in anticipation of an intensifying competitive landscape with the impending entry of TPG Telecom, the fourth mobile entrant, which expects to commence operations in 2018.
