Moody’s: Higher data, broadband consumption in Asia Pacific to drive growth through 2023, telco sector to consolidate further ‘The Edge Markets’ News Summary (Malaysia) BEAMSTART


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Quick Summary: FROM INVESTING IN LONDON TO COMMUTER TOWNS IN THE UK – WHERE ARE GLOBAL PROPERTY INVESTORS BUYING? KUALA LUMPUR (Sept 7): Data and broadband consumption in the Asia-Pacific (APAC) will thrive, while further consolidation will temper competition over the next few years, propelling revenue at an annual rate of between 4% and 4.5% through 2023, according to Moody's Investors Service. Going forward, the telco sector's liquidity would continue to be strong as the region's telcos would maintain their track record of sustained access to capital markets and bank financing even through economic cycles.“Telcos are also selling non-core assets...