Are u sure telco is the sector which can beat OnG? as per my understanding, telco in Malaysia has reach a maturity stage and the market is saturated. based on research, the growth rate for telco in malaysia is about 3-4%. but the marginal increment can be in big amount (RM). What i am really foresee a good market to beat OnG is banking industry due to the need of risk and compliance to mitigate the potential issue, such as 2008 global financial crisis.