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Brokers' take

Published Thu, Nov 23, 2017 · 09:50 PM

Telecom Sector | Neutral OCBC Research, Nov 23

All three telecommunications service providers (telcos) reported declines in earnings for various reasons.

The Singapore telecom sector represented by FTSE Straits Times Telecommunications Index (FSTTC) has been tracking the Straits Times Index's performance closely until March 17, when it started to diverge and has since, been underperforming the STI.

Given intense competition, we expect the sector outlook to be muted, and co…

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