** Telecom co Tuas gains as much as 3.8% to record high of A$6.310, tracking U.S. peers higher
** Citi raises PT to A$7.10 from A$5.55; maintains "buy"
** Sees continuing and potential additions to mobile and broadband subscriber base to outpace market
** Raises FY25 EBITDA by 5%, driven by higher broadband contribution and lower costs
** Reduces operating cost assumptions, increasing EBITDA margin forecast
** Says TUA has captured 3%-4% of users coming off rivals' lock-in contracts
** Stock up 90% this year, as of last close
(Reporting by Nichiket Sunil in Bengaluru)
((Reuters.Briefs@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.