Economic headwinds, however, would continue to temper industry average revenue per users with tactical promotions targeted at the lower-end/price-sensitive segment.
It said the recently concluded reporting season saw fixed-line core earnings growth of 27% y-o-y in 4Q22, thumping the mobile segment’s down 16.2% y-o-y.outperforming for the consecutive second quarter.It maintained its “neutral’’ call on the sector withfor its strategic exposure to 4G/5G site deployments and the undemanding valuation.
It had previously assumed a 5% to 10% impact on TM’s Unifi Arpu for FY23 to FY25 from lower access prices.
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Source: staronline - 🏆 4. / 75 Read more »