Telechoice: Counter cited on the Edge Daily today as a potential beneficiary of the growth in sales of smartphones, intelligent wearable devices and products that facilitate Internet of Things.
Telechoice operates retail stores selling smartphones and accessories for brands such as Samsung, LG and Sony Ericsson. It also manages several higher-end Starhub outlets and handles the retail operations of Malaysian mobile services provider, U Mobile.
In the last six year, Telechoice managed to stay profitable despite keen competition, and has paid out no less than 65% of earnings as dividends. Group expects 2015 performance to at least match FY14.
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