Singapore Telco Sector's Outlook Appears Positive -- Market Talk
Dow Jones02-03 10:42
0242 GMT - Singapore telecommunication sector's outlook appears positive to Citi, thanks to the anticipated market consolidation after Simba's proposed acquisition of M1. "We expect consolidation to halt the trend of industry revenue contraction over the last two years," Citi analysts write in a note. There should be improvements within the sector from 2H, after the likely approval from authorities of the merger by 1Q, Citi says. The merger is also likely to end the prolonged price war, leading to revenue growth revival and better profitability for Singtel and StarHub.(amanda.lee@wsj.com)
(END) Dow Jones Newswires
February 02, 2026 21:42 ET (02:42 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments