Top South Korea Telecom Stocks, According to Morgan Stanley

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Morgan Stanley has identified leading opportunities in South Korea’s telecommunications sector, focusing on earnings recovery, shareholder returns, and strategic positioning. The firm rated LG Uplus Corp as “Overweight” due to its improving operating margins and attractive valuation. KT Corp and SK Telecom Co Ltd received “Equal-weight” ratings, with analysts suggesting investors await further strategic clarity from their new managements due to current valuations and potential risks like dividend resets or cybersecurity breaches.

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