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

Total Access Communication / Equity Bottom-Up

<p><a href="https://www.smartkarma.com/entities/948" target="_blank" data-smartkarma-citation="entities:948:1">DTAC (Total Access Communication) (DTAC TB)</a> produced 3Q16 numbers that were mixed, although in some ways, better than we had expected (we are very negative on the outlook for DTAC). When we look at actual reported numbers, danger signs continue to flash.</p><p>Service revenue (ex-interconnect) continues to slide, falling 1.2% YoY, hurt by the rapid decline in voice revenues. Voice revenues fell a massive 23% YoY on a 26% decline in voice traffic. Voice is being cannibalized by data and OTT services…</p>

DTAC (Total Access Communication) (DTAC TB) produced 3Q16 numbers that were mixed, although in some ways, better than we had expected (we are very negative on the outlook for DTAC). When we look at actual reported numbers, danger signs continue to flash.Service revenue (ex-interconnect) continues to slide, falling 1.2% YoY, hurt by the rapid decline in voice revenues. Voice revenues fell a massive 23% YoY on a 26% decline in voice traffic. Voice is being cannibalized by data and OTT services…

DTAC's 3Q16 Result Shows Improvement in Ebitda but Net Earnings Fall Nearly 50% YoY.