Stronger earnings momentum seen for OCK

RHB Research expects stronger earnings momentum for the group in the financial year 2022 (FY22) on the back of new 4G contracts and 5G rollout. Kenanga Research concurs, saying: “OCK is also poised to benefit from DNB’s assignment of Ericsson to roll out Malaysia’s 5G network.

PETALING JAYA: OCK Group Bhd is viewed as a key contender for telecommunications site leasing and new fifth-generation (5G) site deployments under the phased 5G rollout that is being undertaken by Digital Nasional Bhd (DNB).

The group is currently conducting site survey works for DNB under phase one of the rollout in the Klang Valley and Putrajaya involving 500 sites, which are set to go live by year-end.