SAVE THE DATE: ASIAN TELCO INVESTOR TOUR II
There is nothing like visiting the major telcos across an entire region to a get a real sense of the direction of the industry, and so following our first post-Covid Asian Telco Tour we look to return. In the first tour, we came away more bullish than before driven by several important themes that came out of the meetings around improving core mobile revenue, telcos' ability to navigate in higher growth areas like Data Centres and Enterprise, 5G capex cycle having peaked and better shareholder remuneration (Our learnings summarised HERE). We think largely events since then have confirmed our view that Asian Telcos are good places to be invested, with both specific stock and industry themes largely playing out.
We are now planning a second trip in late September. As before we will visit Japan, Korea and Singapore. We highly recommend investors to come to see for themselves the trend inflections occurring in these large, liquid markets. Additionally, this time we have also added Thailand & Malaysia to the itinerary. Both of these markets have seen consolidation to effective duopolies recently, and recent results and calls with management in both suggest early signs of market repair and strong synergy delivery.
As before, investors are welcome to join for all or part of the tour.
The tentative schedule as it currently stands is as follows.
Monday 25th, September: Seoul, South Korea
Tuesday 26th, September: Tokyo, Japan
Wednesday 27th September : Tokyo, Japan
Thursday 28th September: Singapore & Thailand
Friday 29th September: Malaysia
If you are interested in joining us on the tour, please reach out to Chris Hoare directly or your NSR Sales representative.
06CommunicationsNovember 6, 2023 – November 7, 2023 — The Netherlands
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