瑞信:中国铁塔(0788.HK)四季度纯利及派息皆胜预期 维持优于大市评级
瑞信发表研究报告指,中国铁塔(0788.HK)去年第四季总收入按年升7.7%,增幅较首三季加速;纯利按年升38.2%;当中塔类业务收入按年升4.5%,TSSAL及能源、以及DAS业务收入按年分别升83%及21.8%。该行指,铁塔第四季纯利及派息皆胜预期,维持其优于大市评级,目标价2.05港元。
该行指,随着中国三大电讯公司完成58万-60万个5G基站的部署,并解决了支付方面的纠纷,相信对中国铁塔2021年的预测可以轻松实现。该行续指,尽管铁塔缺乏与电讯客户的独立性,但第四季收入的增长预示着5G网络整合化增长的势头。

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