Malaysian Wireless: Telekom's 4G Entry Still Not Factored In. Maxis and DIGI Look Vulnerable.
In 2016 we saw the start of the breakdown of the Malaysian wireless oligopoly which has delivered super high returns for the three operators but is...
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Untethered Thoughts: Setting the Base (Bias) Line
Telco service providers continue to face the challenges of pressure on traditional sources of carriage revenue and from attempts to realize real...
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Bharti's Margins Continue to Improve. IDEA, Not so Good.
We have a preference in the Indian telecoms market for Bharti Airtel (BHARTI IN) over its peers. Our concerns have been discussed previously but...
339 Views
DIGI/Maxis: Margins Recover but Malaysian Telcos Face Increased Competition and Lower Returns
Both DIGI (DIGI MK) and Maxis (MAXIS MK) reported last week. The third mobile operator Axiata (AXIATA MK) will only report in late November but we...
344 Views
Malaysian Telcos Ex-Growth? Competition Is Squeezing the Top Line.
The Malaysian cellular incumbents are struggling and 2Q16 shows no letup. The decline in market service revenue accelerated in 2Q to -5.2% YoY....
364 Views