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Hold the line on local telcos but pick up the call on Netlink Trust, say analysts

Samantha Chiew
Samantha Chiew • 8 min read
Hold the line on local telcos but pick up the call on Netlink Trust, say analysts
Hello, please hold the line for these telco stocks.
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The Covid-19 pandemic has demonstrated that the ability to stay connected online 24x7 is getting mission-critical, especially when social distancing and working from home are such a big part of life.

The push towards digitalisation accelerated during the peak of the pandemic, when people were stuck at home and had nowhere else to turn to but the internet for almost everything they do — from working and studying to food, entertainment and shopping.

Therefore, 5G has officially reached the shores of Singapore after years of hype. Local telco StarHub on Aug 18 announced the launch of 5G services for its existing customers, at no extra charges. Currently, its 5G signals cover 53% of Singapore’s populated areas including busy locations and major residential hubs and will expand to reach 70% coverage by September.

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