A man looks at mobile phones at the SoftBank Group Corp's headquarters. Photo: Reuters, Toru Hanai
A man looks at mobile phones at the SoftBank Group Corp's headquarters. Photo: Reuters, Toru Hanai
Asia UnhedgedReal-time intel on what moves markets

Asian telcos are in the doghouse: Nomura

Even excluding Japan the sector was the worst performing in Asia last month and YTD.

March 3, 2017 12:17 AM (UTC+8)

Nomura analysts write that Asian telcos were the worst performers in February, down 1%. Even excluding Japan the sector was the worst performing last month and YTD. Outliers were Korea, Thailand, India, Phillipines, and Indonesia, where telcos outperformed local indices.

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