Starhub

TELECOMMUNICATIONS

Covid-19 sends demand for data skyrocketing, but telcos struggle to reap profits

In the blockbuster science fiction film The Matrix, human beings live in a virtual world while lying in a state of suspended animation to serve as living batteries for diabolical machines.

Company in the news

StarHub CEO Kaliaropoulos to retire, search for new chief ongoing

StarHub’s CEO Peter Kaliaropoulos will retire after just two years at the helm, with effect from Oct 31, 2020, announced the company on Jul 27.

Global Economy

Briefs

Quoteworthy: “It’s not like we had a fight.

Broker's Calls

StarHub downgraded to 'hold' as there may be a delay in industry consolidation

SINGAPORE (June 23): DBS Group Research is downgrading its call on StarHub to “hold” from “buy” with a lowered target price of $1.37 from $1.75 previously.

Results

StarHub withdraws all guidance for 2020 as 1Q earnings tumble 26% to $40.2 mil

SINGAPORE (May 6): StarHub is withdrawing its financial guidance for the year after reporting earnings of $40.2 million for 1QFY2020 ended March, some 25.7% lower than earnings of $54 million a yea

Analysts mixed on telco prospects after 5G licences are awarded

TELECOMMUNICATIONS

Analysts mixed on telco prospects after 5G licences are awarded

SINGAPORE (Apr 30): Following the awarding of 5G licences to Singtel, StarHub, and M1 by the Infocomm Media Development Authority (IMDA) on April 29, analysts from DBS Group Research and

Covid-19 Solidarity Budget

Supermarkets and telcos stand to gain from Solidarity payment to Singaporeans

SINGAPORE (Apr 7): In the latest Solidarity Budget, finance minister Heng Swee Keat announced a one-off Solidarity payment of $600 will be given to all Singaporeans in April to help tide through th

CoVid-19

Telcos hold the line in testing times

Stocks of telcos are seen by analysts as resilient counters that can keep their dividend guidance even as the market suffers from selldowns.

Company in the news

StarHub makes another enterprise acquisition; joint 5G bid with M1 to ease capex, cash flow

SINGAPORE (Apr 3): StarHub, which is facing stiff competition and disruption in its consumer business, has made yet another big move to beef up its enterprise business, which has q

Investing ideas

Analysts stay positive on incumbent telcos even as TPG rolls out commercial launch

SINGAPORE (Apr 1): TPG Telecom on March 31 rolled out its long-awaited commercial launch, unveiling a SIM-only plan at $10 a month for 50GB of data.

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