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Stock impact report

Qatar Telecoms Telecoms, Mobile and Broadband Statistics and Analyses Report 2024: Sector Demonstrates Resilience with Strong Revenue Growth and Advanced 5G Deployment [Yahoo! Finance]

CK HUTCH HLD LTD UNSP/ADR (CKHUY) 
NASDAQ:AMEX Investor Relations: ckh.com.hk/en/ir
Company Research Source: Yahoo! Finance
Qatar's telcos report a return to revenue growth Qatar had developed a mature telecom sector which has been able to absorb the additional data demands made on it during the pandemic. Mobile services based on LTE are universally available, and this has helped the two operators Ooredoo Qatar and Vodafone Qatar to migrate to 5G. In combination with a strong fibre rollout, the country is aiming to provide gigabit services nationally. 5G services are largely based on 3.5GHz spectrum made available following an auction in early 2019. The publisher notes that the pandemic continues to have a significant impact on production and supply chains globally. During the coming year the telecoms sector to various degrees is likely to experience a downturn in mobile device production, while it may also be difficult for network operators to manage workflows when maintaining and upgrading existing infrastructure. Overall progress towards 5G may be postponed or slowed down in some countries. O Show less Read more
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