SINGAPORE (Aug 18): Starhub is exploring M&A opportunities to grow its revenue and market share in the enterprise segment. That was what Daiwa analyst Ramakrishna Maruvada found out following a recent visit to the company.
Among the areas the telco is interested in are cyber security, data analytics and Internet-of-Things (IOT). In particular, it is looking to scale its platform to secure bigger projects in the data analytics space.
The company also recently ventured into the cyber-security space with the opening of a cyber security centre of excellence in May and has announced plans to invest $200 million in conjunction with its partners over the next five years.
For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)