Merrill Lynch bullish on Asian telecom bonds

Merrill Lynch predicts 3G costs will weigh less on Asian telecoms than on their European counterparts, boosting the relative value of Asian telecom bonds.
August 25, 2000

Asian telecommunications company bonds could outperform those of their European counterparts as their credit ratings are unlikey to be as dented by high third-generation license costs, according to a report by Merrill Lynch.

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