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Maybank remains 'neutral' on telco sector as uncertainty looms

Samantha Chiew
Samantha Chiew • 2 min read
Maybank remains 'neutral' on telco sector as uncertainty looms
SINGAPORE (Apr 1): Maybank Kim Eng Research remains “neutral” on the Singapore telco sector amid uncertainty over the implication for competition in the industry with M1’s imminent de-listing.
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SINGAPORE (Apr 1): Maybank Kim Eng Research remains “neutral” on the Singapore telco sector amid uncertainty over the implication for competition in the industry with M1’s imminent de-listing.

The research house believes StarHub provides the best value and Netlink NBN Trust offers insulation from uncertainty in the wireless segment.

Maybank has “buy” calls on both StarHub and Netlink, with target prices of 93 cents and $2.18, respectively.

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