Singapore’s telecom industry has come under massive pressure in the recent years. Due to the change in competitive dynamics amid the entrance of the fourth player – TPG Telecom, the incumbents saw their financial performance and share price tumbling.

With a market cap of more than S$52 billion, Singapore Telecommunications Limited (SingTel), is the largest telcos in Singapore. The other two are StarHub and M1, with a market cap of S$2.8 billion and S$1.5 billion respectively.

All of them are currently trading near all-time low and offer enticing dividend yields.

Is it wise to buy them now? Let’s have a look.

Closing at S$1.65 on 28 Aug 2018, StarHub clinched on the number one spot with a distribution yield of 9.6%. For its FY2017, the company recorded a revenue and net income of S$2.4 billion and S$978.2 million respectively. Around 54% of StarHub’s revenue was