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野村:中資電訊股股息率吸引 籲買入中移動(0941.HK)
格隆匯 04-06 13:28

野村發表研究報告指,中國電訊業去年第四季在競爭緩和下恢復緩慢增長,三大電訊運營商的資本支出均低於預期,其股息率亦吸引。該行給予中國移動(0941.HK)買入評級,目標價72港元;中國聯通(0762.HK)評級為“中性”,目標價4.8港元;中國電信(0728.HK)評級為“中性”,目標價2.6港元。

野村指,今年需關注5G用户的實際增長,三家運營商今年5G套餐客户的目標總計約2億人,約佔移動用户基礎滲透率12%。該行認為,5G網絡將會在今年下半年才會推出,而實際的5G智能手機用户將大大少於所披露的套餐客户。同時,目前的5G套餐客户到2月底將每用户平均收入提升了約10%,認為隨着5G智能手機用户數量的增加還有上升的空間。

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