《大行报告》美银证券:内地5G手机渗透率将提升 维持三大电讯股「买入」评级
美银证券发表报告表示,苹果公司发布了iPhone 12系列的新手机,4款均为5G手机。随着iPhone 12的发布,该行预计其他智能手机品牌将推出更多新的5G手机,将进一步促进内地5G智能手机的市场渗透,换言之有望进一步提高5G用户使用5G网络时平均每用户收入(ARPU)增长。
报告又指,未来6个月将有以下重点,包括由中国移动(00941.HK)、中国电信(00728.HK)及联通(00762.HK)进行的新一轮5G基站集中采购;中移动推出700MHz至2600MHz之间的5G计划;各种手机品牌推出更实惠的5G智能手机;企业和工业客户与国内移动运营商就5G服务达成协议;移动运营商公布其2021年5G部署计划等。
该行维持对中移动、中电信及联通「买入」评级,主要基於5G服务有望提升ARPU增长、严格控制资本支出且估值不高,目标价分别为90元、4元及8.8元。
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