Readers at Investment Moats will be familiar that I have highlighted a few articles in the past that what you think is a business model with a strong economic moat enhanced by the smartphone revolution might kill telcos like Singtel, M1 and Starhub more than enhanced them.
Consider reading these few past articles:
- Primer to telecom investing: Singtel, M1, Starhub
- Starhub, M1 and Singtel’s existing telecom business model approaches end of life
- How the smartphone revolution will affect M1, Starhub and Singtel
- Smartphone revolution causing back hual problems
- Telecom operators in US moves to tiered pricing
- The rise of VOIP iPhone App Viber
What we learn from these article thus far is
- Telecom is a utility like business that is resilient in recession times, offering something people cannot lived without.
- Telecom Stocks pay a good dividend yield
- The smartphone revolution makes mobile phones indispensible, enhancing telcos at the same time
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