China Telcos a 'Buy' in 12 to 18 Month View: Jefferies

The transcript discusses the recent market decline and its impact on stock valuations, highlighting potential buying opportunities for long-term investors. It examines the role of US and non-US investors, regulatory uncertainties, and technical overhangs affecting investor sentiment. The discussion shifts to mobile pricing pressures, which have eased, and forecasts earnings growth driven by lower operating costs and CapEx. The video also addresses regulatory considerations, including the role of CBN as a fourth 5G operator and its potential impact on the market.

How has mobile pricing affected consumer behavior in China according to the text?

What growth rate of earnings is projected for the companies over the next 2-3 years?

What is the significance of the potential code share agreement among the four operators in 5G?