Telco roaming revenues to recover, but stiff competition could still hurt earnings: analysts
TELECOMMUNICATIONS companies reporting their earnings this week are likely to show a positive bump in roaming revenues, analysts said. But the outlook for the sector has not improved all that much, amid stiff competition.
Singtel is due to report its financial results, for H1 FY2023 ended September, on Thursday (Nov 10); and StarHub will report its numbers for Q3 FY2022 on Wednesday.
Analysts are relatively optimistic about their prospects.
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