StarHub has lowered its total transformation costs to $270 million with 90% – or $243 million – of the transformation to be completed by the FY2024.
DBS Group Research analyst Sachin Mittal has kept his “buy” call on StarHub (SGX:CC3
) as the telco’s Dare+ expenses are coming to an end.
“Meaningful realisation will start from FY2025 onwards, once costs taper off,” Mittal writes in his April 22 report.
