Singapore telcos

Broker's Calls

Singtel remains RHB's top Singapore telco pick; Telco sector to see some upside in 2024

RHB sees some upside for the local telco sector this year. It has zoomed in on Singtel as its top sector pick.
Local telcos to enjoy more growth in 2023; Simba likely to be acquired: DBS - THE EDGE SINGAPORE

Broker's Calls

Local telcos to enjoy more growth in 2023; Simba likely to be acquired: DBS

Analyst Sachin Mittal says recovery in roaming and prepaid revenue is expected to lead to an over 6% y-o-y rise in 2023.

Broker's Calls

UOB Kay Hian expects Singapore's telco sector to see 15% higher earnings in FY2022; keeps 'market weight' recommendation

Singtel remains UOB Kay Hian's top pick. It has been given a "buy" recommendation with a target price of $2.90.

Broker's Calls

RHB remains 'neutral' on local telco sector as it redials for growth

Will 2022 finally be the year for telcos to grow?
CGS-CIMB stays 'overweight' on Singapore telcos with Singtel as top pick  - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB stays 'overweight' on Singapore telcos with Singtel as top pick

Key downside risks for the sector include worse-than-expected mobile competition and a prolonged Covid-19 travel restriction.
Maybank Kim Eng starts Singapore telco sector at 'buy' on earnings recovery; identifies Singtel as top pick in sector - THE EDGE SINGAPORE

Broker's Calls

Maybank Kim Eng starts Singapore telco sector at 'buy' on earnings recovery; identifies Singtel as top pick in sector

The brokerage has also initiated 'buy' on Singtel and 'hold' on StarHub with TPs of $2.88 and $1.32 respectively.

Telecommunications

TPG Telecom offers seniors hot 20GB mobile deal at $5

The plan comes as IMDA looks to help seniors digitalise and

Broker's Calls

Are telcos a good call amid uncertainties from Covid-19 impact?

Are telcos a good call amid uncertainties from Covid-19 impact?

Broker's Calls

Local telco sector kept at 'overweight' with Singtel, NetLink NBN Trust as top picks

SINGAPORE (June 3): Phillip Capital is maintaining an “overweight” rating on Singapore’s telecom sector, while expecting Mobile and Pay-TV revenues to be weak in 2019 and stabilise in 2020.
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