Sneak peak at the Telecom Sector

Generally, telecom sector stocks like Starhub, Singtel and M1 have grown quite well in the recently. Let's look at their performance for the past 6 months.

Starhub increased from 3.68 to 4.35 in the last 6 months, up 18%

M1 Ltd, owned by Telecom Giant Axiata Group Berhad went up from 2.61 to 3.17 in the last 6 months, up 21%.

Temesek Holdings owned Telco, Singtel, went up from 3.21 to 3.77 in the last 6 months, up 17%. It last announced to set up a subsidary into the newly open economy, Myanmar but still pending for further updates. Myanmar could be seen as a major growth benefactor for singtel