StarHub (CC3.SG) best performer among Singapore telcos, +1.2% at S$2.49 although off new 52-week high of $2.55 set in early trade, on hopes for higher broadband revenue as launch of Singapore’s high-speed national broadband network now allows telco to service companies in central business district, where it had no access previously, says Dow Jones. Foray, if successful, will mean rival SingTel (Z74.SG) losing some market share in this space.

“NBN-enabled access to the enterprise segment represents a new growth opportunity,” says Deutsche Bank, which has Buy call with $2.62 target; expects margins to recover in 2H10, with cash-flow generation more than sufficient to meet management’s annual S$0.20/share dividend target.

Orderbook quotes suggest $2.55 unlikely to give way any time soon. SingTel off 0.3% at $3.07, M1 (B2F.SG) +0.9% at $2.19.