Malaysian Telcos. 2Q18 Was a Good Quarter for Mobile Operators. But Can It Last?

DIGI 3Q18 Results Look a Bit Weak as the Sector Stumbles (Again)

DIGI 4Q Modestly Disappoints but Margins Are Improving and Outlook Is Benign. Upgrade to Neutral

Malaysian Telcos: Mixed Performance as Axiata Struggles While Maxis and DIGI Show Improvements

DIGI Returns to Growth as Competition Eases and Data Use Continues to Grow Rapidly.

Malaysian Operators Show Signs of Improvement but Challenges Remain

Differentiated global TMT & Internet Research

New Street Research Insights

New Street Research

Research is provided by our team of experienced analysts. Our work is idea driven, based on independence of thought, sector expertise, and firmly focused on fundamentals and valuation of telecoms and internet names globally. New Street is headquartered in London with offices in New York, Singapore and Australia. 

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

Pan European Telecom Services and Cable
US Telecoms, Cable, Satellite and Towers
Global Emerging Market Telecoms
Japan Telecoms
Asian Internet
Pan European Healthcare
US Healthcare
Japanese Healthcare

We also provide debt research on:
Pan European Telecom Services and Cable

Equity Bottom-Up

<p><a href="https://www.smartkarma.com/profiles/1917" target="_blank" data-smartkarma-citation="accounts:1917">Chris Hoare</a> has been negative on the Malaysian telecom sector for a number of reasons, including sky high valuations, increasing competition from <a href="https://www.smartkarma.com/entities/943" target="_blank" data-smartkarma-citation="entities:943:1">Telekom Malaysia (T MK)</a> and U-Mobile, the prospect of rising spectrum costs from a cash strapped government etc.</p><p>However, as noted previously there have been some green shoots of hope with DIGI reporting renewed revenue growth in 1Q18 after 10 quarters of declines. This has continued into 2Q with revenue growth improving to 2% from 0.7% in 1Q. Within…</p>

Chris Hoare has been negative on the Malaysian telecom sector for a number of reasons, including sky high valuations, increasing competition from Telekom Malaysia (T MK) and U-Mobile, the prospect of rising spectrum costs from a cash strapped government etc.However, as noted previously there have been some green shoots of hope with DIGI reporting renewed revenue growth in 1Q18 after 10 quarters of declines. This has continued into 2Q with revenue growth improving to 2% from 0.7% in 1Q. Within…

DIGI (DIGI MK) 2Q18 Results Show Continued Revenue Growth on Rising Internet Use.

CelcomDigi

DIGI (DIGI MK) 2Q18 Results Show Continued Revenue Growth on Rising Internet Use.