Better Buy: Singtel Vs StarHub
@windy00:
The past two years have been rough for both Singtel (SGX: Z74) and StarHub (SGX: CC3). The pandemic has caused them to experience a very long and tough road as border closures and the curtailment of travel crimp the operating revenue from their core mobile business. The good news is that things are looking up for the sector. A nascent economic recovery should bring better fortunes to both telcos and lift their revenue and earnings. The expansion of the vaccinated travel lanes (VTLs) scheme should also help to reopen borders and encourage higher levels of tourism, which will benefit the telcos’ roaming revenue. Under the circumstances, it’s worthwhile to compare the progress that both Singtel and StarHub have made to determine which stock makes the better inves