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Thai telecom sector outlook: analyst downgrades to underweight

CGS International analyst Weerapat Wonk-urai downgraded his sector stance to underweight, citing a slower service revenue growth outlook for 2027-2028.

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CGS International's Weerapat Wonk-urai downgraded his view on the Thai telecommunications sector to underweight from overweight, citing a slower service revenue growth outlook over 2027-2028. He expects companies in the sector to post revenue growth of 1.2%-1.9% over 2027-2028, versus...

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