StarHub posts 24% drop in 1Q earnings to $30.5 mil - THE EDGE SINGAPORE


StarHub posts 24% drop in 1Q earnings to $30.5 mil

StarHub's 1Q earnings are down 24% y-o-y to $30.5 million.

Startups, Entrepreneurs, Digital economy

Last-mile logistics start-up secures $0.85 mil seed funding led by Tri5 Ventures

SINGAPORE (Apr 19): Park N Parcel (PNP), a last-mile logistics start-up under NUS Enterprise’s portfolio, concluded its Mar 2018 seed round investment with $850,000 of seed funding led by Far East Ventures-backed Tri5 Ventures and a group of angel inves

In print this week

How Singapore's largest telco is evolving into a tech play

SINGAPORE (Jan 5): At the launch of two corporate labs last month, Singtel had announced a five-year $42.4 million cooperation with NTU to run a lab called the Singtel Cognitive and Artificial Intelligence Lab for Enterprises (SCALE @ NTU).

In print this week

Venture debt fills important funding gap, says InnoVen; but it may lower valuations

SINGAPORE (July 3): GuavaPass, the start-up that sells fitness centre subscriptions, is profitable and could probably raise equity from venture capitalists quite easily. But the KFit rival prefers to take on debt. “It is less expensive than equity,” s


1 in 3 Singaporean employees are unknowingly putting their companies at risk

SINGAPORE (April 6): Bringing personal tech devices to work have not only become an everyday practice but even a necessity at times. But according to one study by VMware (VMW), a subsidiary of Dell Technologies, this increasingly commonplace habit could p
Credit: xendat.com

Singapore companies most lacking in enterprise-wide analytics: EY & Forbes Insights

SINGAPORE (March 16): Over the next two years, more than half of global executives surveyed are planning to invest at least US $10 million ($14.1 million) in data and advanced analytics, according to a jointly developed report between Forbes Insights and

In print this week

Maverick CIO

SINGAPORE (Dec 2): A shirt and tie is synonymous with any C-suite officer, but yet Neal Cross, chief innovation officer, DBS is rarely seen in it.

Broker's Calls

Singtel fairly valued given keen competition in Australia, decent dividend yield

SINGAPORE (Nov 11): RHB is maintaining its “neutral” call on Singtel with a target price of $4 as valuations are fair given the competitive pressure it faced in Australia coupled with its decent dividend yield.


StarHub’s 3Q earnings drop 27.6% to $86 mil from lower mobile services revenue, decline in non-operating income

SINGAPORE (Nov 2): StarHub reported a 27.6% fall in earnings to $86 million in 3Q from a year ago.
Apple Inc

Apple, Deloitte team up in mobile enterprise partnership

SINGAPORE (Sept 30): Tech giant Apple Inc and professional consultancy Deloitte have entered into a partnership to collaborate on the development of Deloitte Consulting’s new service offering, EnterpriseNext.