Articles tagged with: Ktf and Seven

South Korean Telcos Seeing Easing Competition and Better Profitability

A research note from Korea Investment & Securities (KIS) notes that despite sluggish profitability in 2Q08, the three wireless telcos have been outperforming the broader stock market. Positive catalysts for their stock prices were highlighted defensive characteristics amid the slowing domestic economy and eased marketing competition since July. Given some changes in the wireless telecom market conditions, they think it is time to keep an eye on the slowdown in competition going forward.  more

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