The competition and declining use of traditional voice and text services will lead to lower margins for most Southeast Asian telecom firms next year, but data demand growth will generally outpace margin decline, so cash generated and credit metrics will be broadly stable or slightly improve, except in Thailand, where large investment will increase leverage, according to Fitch Ratings.
Via THE NATION: The competition and declining use of traditional voice and text services will lead to lower margins for most Southeast Asian telecom firms next year, but data demand growth will generally outpace margin decline, so cash generated and credit metrics will be broadly stable or slightly improve, except in Thailand, where large investment will increase leverage, according to Fitch Ratings.
