Taiwan Mobile: One to Watch Among Isle's Telcoms

Taiwan Mobile (3045 TT): Solid Growth in E-Commerce

Taiwan Telcos: Benign Competition and Dividends Support Valuations

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>We last wrote about Taiwanese Telcos just over three months ago with a recognition of benign competitive conditions and an improved outlook. The stocks did actually perform quite well for a while but have struggled since mid-July and are now all essentially flat since 1 June. </p><p>The latest results (3Q16) reflect increased pressure on earnings following the iPhone launch and tougher YoY comparables. This has seen Ebitda growth move from +4% in 1H16 to -6% in 3Q16. Consensus forecasts seem to assume…</p>

We last wrote about Taiwanese Telcos just over three months ago with a recognition of benign competitive conditions and an improved outlook. The stocks did actually perform quite well for a while but have struggled since mid-July and are now all essentially flat since 1 June. The latest results (3Q16) reflect increased pressure on earnings following the iPhone launch and tougher YoY comparables. This has seen Ebitda growth move from +4% in 1H16 to -6% in 3Q16. Consensus forecasts seem to assume…

Taiwan Telcos: Downgrading Chunghwa to Reduce

Chunghwa Telecom

Taiwan Telcos: Downgrading Chunghwa to Reduce