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Asean telcos face softer 2025 outlook, but asset sales offer silver lining

Maybank analysts predict 3% year-on-year rise in sector’s mobile and fixed revenue, down from 4% in 2024

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Yong Jun Yuan

Yong Jun Yuan

Published Mon, Jan 13, 2025 · 10:53 AM
    • Weak economic conditions and increasing competition in some markets may cause telco prospects to soften in 2025.
    • Weak economic conditions and increasing competition in some markets may cause telco prospects to soften in 2025. PHOTO: PIXABAY

    SOUTH-EAST Asian telcos have outperformed their global counterparts in 2024, but their prospects are likely to soften in 2025.

    Still, telcos in certain markets, such as Singapore, Indonesia and the Philippines, could yet outperform as they monetise their non-core operations.

    In a Jan 6 report, Maybank analysts downgraded the South-east Asian telecoms sector to “neutral”.

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