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

Equity Bottom-Up

The key take-away from <a href="https://www.smartkarma.com/entities/8" target="_blank" data-smartkarma-citation="entities:8:1">TRUE's (TRUE TB)</a> recent 4Q result was the strength of its margins despite an ongoing drive to boost subscriber share. TRUE’s underlying margins rose +680bps YoY to 26.3% on the back of continued top-line growth and strong cost-control (excluding <a href="https://www.smartkarma.com/entities/7" target="_blank" data-smartkarma-citation="entities:7:1">Digital Tel Inf (DIF TB)</a> transfer).TRUE: the only operator currently adding subscribers (net adds '000) while margins (RHS) rise 680bps YoY<figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/046/151/original/TRUE%20mobile%20net%20adds.jpg?1520225646" class="editor-image img-responsive" data-smartkarma-image-id="46151"></figure><div class="content-caption">Source: New Street Research</div>Revenue growing as data growth remains strong: Group service…

The key take-away from TRUE's (TRUE TB) recent 4Q result was the strength of its margins despite an ongoing drive to boost subscriber share. TRUE’s underlying margins rose +680bps YoY to 26.3% on the back of continued top-line growth and strong cost-control (excluding Digital Tel Inf (DIF TB) transfer).TRUE: the only operator currently adding subscribers (net adds '000) while margins (RHS) rise 680bps YoYSource: New Street ResearchRevenue growing as data growth remains strong: Group service…

Digital Telecommunications Infrastructure Fund (DIF TB)

Digital Telecommunications Infrastructure Fund

TRUE는 가입자 증가와 이익률 상승으로 경쟁사 대비 우위를 계속 확보하고 있습니다.

True Corp Pcl

TRUE는 가입자 증가와 이익률 상승으로 경쟁사 대비 우위를 계속 확보하고 있습니다.