PETALING JAYA: The current newsflow on 5G is not expected to affect telecommunication companies’ near-term share price performance, says Affin Hwang Capital research.
“We do not expect the 5G roll-out to lift the telcos’ capex significantly, judging from South Korea’s recent 5G rollout,” it said, while maintaining its neutral rating on the sector. It added that for telco investors, the factors to watch for include the timing of the spectrum allocation, fees and capex.
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