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buy apple developer account:Busy year for telecom sector

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In terms of the Big Three celcos, Maxis Bhd remains the leader in the postpaid market (39% subscriber share) while DiGi.Com Bhd keeps a stronghold in the prepaid front (40% subscriber share). PETALING JAYA: Less downside pressure on average revenue per user (arpu) is expected for the telecom sector over the next few quarters with the overall increase in activity. Kenanga Research said this could translate to more meaningful arpu numbers as more consumers’ outdoor movement could lead to less indoor/broadband dependency for data needs. The research house said this could also reflect positively towards subscriber numbers but possibly still leaning to the prepaid segment as “unlimited” data plans have developed a following, which could lose its lustre as affordability concerns wane away. In terms of the Big Three celcos, Maxis Bhd remains the leader in the postpaid market (39% subscriber share) while Digi.com Bhd keeps a stronghold in the prepaid front (40% subscriber share). This year will also be a busy year for the sector as companies work towards sunsetting 3G networks and building new capacities as part of the Jendela (National Digital Infrastructure) initiatives. The house maintains a “neutral’’ call on the sector. (target price RM4.30 as share) as its wider exposures provide more exciting prospects (i.e. Indonesia’s omnibus law opening opportunities for consolidation, digital assets heading towards a turnaround, fresh injection of funds).”" src="/zb_users/upload/20210108/1tvb3j3hm4a5.jpg" style="height:413px; width:620px" />Its top pick is Axiata Group Bhd (target price RM4.30 as share) as its wider exposures provide more exciting prospects (i.e. Indonesia’s omnibus law opening opportunities for consolidation, digital assets heading towards a turnaround, fresh injection of funds).” The payoff of retiring all the 3G networks is expected by way of more efficient management of remaining infrastructures to ensure optimal network quality. The 3G spectrums could be later used to boost 4G capability to accelerate Jendela connectivity targets, the house adds. “The retiring of 3G assets could mean accelerated depreciation of the assets during the second half of 2021. But it could also be seen as a necessary industry one-off expense, ” the research house said. The then available 900MHz and 2100MHz bands could also be used to relieve network capacity and aid in boosting 4G coverage, though the industry regulator is urging telcos to achieve the phase one targets by optimising the remaining 2G and 4G infrastructures and via investments into efficiencies, before counting on further spectrum allocation. Capital expenditure is expected to be well contained and should not stress cash flows in the near term, the research house said. It said as the industry works towards a leaner operating model with more optimised use of resources, investments and efforts in the near-term might not assure investors on potential rewards until further down the road. “We believe investment interest might be muted for the time being, ’’ it said. Its top pick is Axiata Group Bhd (target price RM4.30 as share) as its wider exposures provide more exciting prospects (i.e. Indonesia’s omnibus law opening opportunities for consolidation, digital assets heading towards a turnaround, fresh injection of funds).” Its Bangladesh unit, Robi’s initial public offering potentially accelerating penetration rate. It added that Axiata recently announced a five-year plan. The group has strategies in place to drastically drive down its cost and targets to achieve group-wide EBIT (earnings before interest and tax) margins of 20% (14.4% in financial year 2019). Overall, this should translate to better free cash flows to allow for more generous dividend payments (FY25 target of 20 sen, from historical average of eight sen to 10 sen).
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