StarHub inks deal with China telcos to boost data connectivity
StarHub said Monday it signed a deal with China Mobile, China Unicom and China Telecom to boost data connectivity between Singapore and Chongqing.
STAR.SI Telecommunications
Maybank KE sticks with contrarian Buy call on StarHub
Maybank KE said it was sticking with a contrarian Buy call on StarHub, saying the shares could re-rate on signs Singapore’s telco market has stabilized.
Daiwa: StarHub is not out of the woods, but mobile offers some positives
StarHub’s lower-than-expected 2Q19 results show the telco isn’t out of the woods, but there were still positive signs, Daiwa said in a note last week.
Temasek to acquire D’Crypt from StarHub and founders for as much as S$134 million
Temasek entered an agreement to acquire D’Crypt from StarHub and D’Crypt’s founding shareholders, the telco said in a filing to SGX Thursday.
StarHub’s 2Q19 net profit dropped 36 percent as mobile revenue fell
StarHub reported Tuesday its 2Q19 net profit dropped 36.1 percent on-year to S$39.5 million amid lower contributions from mobile, pay TV and broadband.
Daiwa: StarHub shows ‘green shoots,’ but winter isn’t over
StarHub’s first quarter results showed some encouraging “green shoots,” but the telco still faces “critical challenges,” Daiwa said in a note Friday.
StarHub reports 1Q19 net profit fell 14 percent on lower mobile and pay TV revenue
StarHub reported Friday 1Q19 net profit attributable to shareholders fell 14.2% on-year on lower mobile and pay TV revenue. The telco cut its dividend.
Singapore share buybacks Tuesday: OCBC, StarHub, Stamford Land
These are Singapore companies which announced share buybacks on Tuesday, 27 February 2019: OCBC, StarHub and Stamford Land.
Singapore share buybacks Friday: ST Engineering, StarHub, Stamford Land
These are Singapore companies which announced share buybacks on Friday, 22 February 2019: ST Engineering, Stamford Land and StarHub.
UPDATE: Singapore stocks to watch Friday: Singapore Airlines, ThaiBev, StarHub, Creative, Old Chang Kee
This article was originally published on Thursday, 14 February 2019, at 23:09 SGT; it has since been updated to add Cromwell European REIT. These are…
UPDATE: StarHub reports 4Q18 net profit dropped 62 percent as mobile and pay TV revenue decline
Telco StarHub reported Thursday 4Q18 net profit dropped 61.8% on-year amid lower mobile and pay TV revenue. The results beat a forecast from Daiwa.
DBS: TPG entry into Singapore telco market may not be disruptive
The planned entry of a fourth telco player into Singapore’s market has weighed on the sector’s valuations, but DBS said it may not disrupt the…
Singapore stocks to watch Monday: SGX, ComfortDelGro, Sunpower, Keppel, Oxley
These are Singapore stocks which may be in focus on Monday 12 November 2018: SGX Singapore Exchange and the Monetary Authority of Singapore said on…
StarHub reports 3Q18 net profit fell 13 percent amid higher expenses
Singapore telco StarHub reported on Friday that its third-quarter net profit fell 12.8 percent on-year to S$57.0 million as higher revenue from its Enterprise Fixed…
UPDATE: Singapore stocks to watch Friday: Ascendas REIT, StarHub, Amara, Chip Eng Seng, Swiber
These are the Singapore stocks which may be in focus on Friday 5 October 2018: Chip Eng Seng Chip Eng Seng requested a trading halt…
StarHub upgraded to Buy by DBS after release of cost cut plan
DBS upgraded StarHub to Buy from Hold after the telco released a plan for “massive” cost cuts to stabilize earnings. StarHub plans job cuts and…
Singapore stocks to watch Thursday: StarHub, CapitaLand, Swiber, Heeton, Datapulse
These are the Singapore stocks which may be in focus on Thursday 4 October 2018: StarHub StarHub plans to cut at least 300 full-time employees…
StarHub: Workforce cuts of at least 300 full-time employees in ‘efficiency’ drive
StarHub plans to cut at least 300 full-time employees as part of a “strategic transformation” which aims to eliminate S$210 million in costs over a…
UOB KayHian: Raising Starhub target as execution improves
StarHub’s execution has improved since its new CEO Peter Kaliaropoulos has taken over and the telco is set to benefit from changing market dynamics, UOB KayHian…
StarHub shares surge after news of Keppel-SPH bid to buy out rival M1
StarHub shares surged on Thursday, trading up 6.78 percent at S$1.89 by 1:34 P.M. SGT, after Keppel Corp. and SPH said they were tying up…
Singapore telco sector upgraded to Overweight by UOB KayHian as TPG launch faces delays
UOB KayHian upgraded Singapore’s telecommunications sector to Overweight from Market Weight, pointing to delays in the launch of the city-state’s fourth telco player. “Our channel…
Singapore stocks to watch Friday: StarHub, Dairy Farm, Ascendas REIT, Parkway Life REIT, Spackman
These are the Singapore stocks which may be in focus on Friday 7 September 2018: StarHub and Dairy Farm International StarHub will be removed from…
StarHub removed from STI and Dairy Farm added after quarterly review
StarHub will be removed from Singapore’s Straits Times Index, while Dairy Farm International will be added to the index, FTSE Russell said on Thursday in…
Singapore stocks to watch Thursday: StarHub, Keppel DC REIT, Mapletree Industrial, OCBC, Stamford Land
These are the Singapore stocks which may be in focus on Thursday 6 September 2018: StarHub StarHub said on Wednesday that it entered an agreement…
StarHub and Temasek subsidiary enter joint venture to form cyber-security company
StarHub said on Wednesday that it entered an agreement with Leone Investments, an indirect wholly owned subsidiary of Singapore state investment company Temasek Holdings, to…
How a TPG-VHA merger might affect Singapore’s telco market
It’s difficult to gauge how the potential merger between TPG and Vodafone Hutchison Australia, or VHA, would impact the incumbent Singapore telcos without knowing the…
Daiwa: StarHub cost focus a positive amid headwinds
Singapore telco operator StarHub’s focus on changing its cost models is a positive amid challenging “market realities,” Daiwa said after a meeting with newly appointed…
Starhub upgraded to Add by CGS-CIMB after stock’s long decline
CGS-CIMB upgraded Starhub to Add from Hold, pointing to the stock’s more than 60 percent decline over the past three years as pricing in negatives,…
Singapore stocks to watch Wednesday: Singtel, StarHub, ComfortDelGro, CapitaLand
These are the Singapore stocks likely in focus on Wednesday, 8 August 2018: Singtel Singapore Telecommunications reported on Wednesday that its fiscal first quarter net…
StarHub 2Q18 net profit fell nearly 23 percent on lower contribution from mobile segment
Singapore telco operator StarHub said its second quarter net profit fell 22.8 percent on-year to S$61.7 million, despite a revenue increase, as the contribution from…
StarHub upgraded to Buy by Maybank KimEng as a value play
Maybank KimEng upgraded StarHub to Buy from Hold, saying “much is priced in” and that the beleaguered telco has become a value play. “We believe…
DBS: Fourth Singapore telco likely unviable amid aggressive MVNO expansion
Singapore’s incumbent telecommunications players will face a few years of pain ahead as aggressive moves into mobile virtual network operators (MVNOs) hit revenue, but that…
StarHub upgraded by Daiwa as risks may be priced in
Daiwa upgraded StarHub to Hold from Sell saying the near-term risks were priced into the stock, but it added that the telco needed a “more…
Singapore stocks to watch Tuesday: Keppel, StarHub, Roxy-Pacific, Sembcorp, China Kunda
These are the Singapore stocks likely in focus on Tuesday 26 June 2018: Keppel Corp. Keppel Corp. said that its subsidiaries entered a deal to…
StarHub downgraded to reduce by HSBC on expectations of dividend cut
HSBC downgraded StarHub to Reduce from Hold as it estimated the Singapore telco would cut its dividend by 37.5 percent. “We think a dividend reset…
Singapore stocks to watch Tuesday: Yangzijiang, Oxley, MLT, Olam, CapitaLand
These are the Singapore stocks in focus on Tuesday 5 June 2018: Yangzijiang Shipbuilding Yangzijiang Shipbuilding said it secured nine effective orders in May, with…
Singapore shares tumble amid concerns over Italy, bank earnings, China trade
Singapore’s shares tumbled on Wednesday, hit by a combination of concerns over Italian political turmoil, U.S. bank earnings and U.S.-China trade disputes. The Straits Times…
StarHub expensive despite attractive dividend as outlook ‘abysmal,’ DBS says
Shares of StarHub are trading at a premium valuation despite its bottom line being on a “downward spiral” amid an “abysmal outlook,” DBS said in…
StarHub shares drop amid signs of pressure in mobile division
StarHub shares lost ground on Friday after it reported weaker earnings and signs of weaker mobile and pay TV subscriptions. The stock was down 1.30…
Singapore Pre-Market Friday: StarHub, BreadTalk, Great Eastern
Singapore’s shares will start Friday trade with weak leads, as regional markets already trading were nose down and Wall Street had a middling finish overnight….