Prospects for South-east Asia telcos may soften in 2025, but non-core operations could be monetised

Maybank analysts predict 3% year-on-year rise in sector’s mobile and fixed revenue, down from 4% in 2024

SOUTH-EAST Asian telcos have outperformed their global counterparts in 2024, but their prospects are likely to soften in 2025.

Still, telcos in certain markets, such as Singapore, Indonesia and the Philippines, could yet outperform as they monetise their non-core operations.

In a Jan 6 report, Maybank analysts downgraded the South-east Asian telecoms sector to “neutral”.

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