Tuesday 29 November 2016

Singtel attractive on Optus' strength


SINGAPORE:UBS remains bullish on Singapore Telecommunications with a "buy" call and a target price of $4.70, citing Optus' strength in the Australian market.

In a Monday report, lead analyst Navin Killa notes that a recent survey by UBS shows that Optus has shown the most improvement in net promoter scores (NPS), moving up from +10 to +15, among mobile providers.

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