domestic mobile mkt tapering off with penetration rate of 98.7% and mkt share has stabilised at 1/3 each. Without many opportunities to drive rev expansion, telcos have to rely on optimising costs and others to drive growth. Expect telcos to stay rangebound with yield supporting downside and muted growth to cap upside. One major driver is if telco decides to gear up and pay out more dvd.
i can nv stay rangebound. i would get lethargic and the stochastics would slip. i constantly seek for new growth areas so that my life could be one that i can shout abt to potential investors. It has been tough recently. Unattractive valuation provided no support on the downside and coupled with a jittery mkt seeking direction, I can feel myself drifting lower.
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