Starhub

Results

Starhub posts 36.1% drop in 2Q earnings to $39.5 mil on lower revenue

SINGAPORE (Aug 6): Starhub reported earnings of $39.5 million for the 2Q19 ended June, down 36.1% from $61.7 million the previous year.

Company in the news

Telco shares dip as TPG offers free unlimited data roaming in Malaysia, Indonesia

SINGAPORE (June 26): TPG Telecom has fired another salvo in a bid to pry users away from incumbent telcos Singapore Telecommunications (SingTel), StarHub and M1.

Broker's Calls

Local telco sector kept at 'overweight' with Singtel, NetLink NBN Trust as top picks

SINGAPORE (June 3): Phillip Capital is maintaining an “overweight” rating on Singapore’s telecom sector, while expecting Mobile and Pay-TV revenues to be weak in 2019 and stabilise in 2020.

Tech

5G network goes beyond the smartphone, says StarHub CTO

SINGAPORE (May 27): The wireless fifth generation (5G) network has more to offer than just cellular communication for smartphones, and many telecommunication players are exploring what else it can enable, according to StarHub chief technology officer Chon

Broker's Calls

Competition to hit StarHub's near-term earnings

SINGAPORE (May 6): Consensus are mostly neutral on StarHub following its results announcement on May 3. The group posted a 14.2% y-o-y drop in its 1Q19 earnings, with revenue increasing 6% y-o-y to $597 million.

Right Timing

Right timing: STI approaches resistance

SINGAPORE (May 4): The STI’s uptrend remains intact. However signs are emerging of fatigue. The index tested 3,400, a psychological resistance and retreated. In the meantime, short term stochastics has flattened along with 21-day RSI, setting the indica

Broker's Calls

Maybank remains 'neutral' on telco sector as uncertainty looms

SINGAPORE (Apr 1): Maybank Kim Eng Research remains “neutral” on the Singapore telco sector amid uncertainty over the implication for competition in the industry with M1’s imminent de-listing.

Broker's Calls

Why Singtel, NetLink NBN Trust remain OCBC's top 'buy' picks in a cut-throat telco scene

SINGAPORE (Mar 15): OCBC Investment Research is maintaining “neutral” on Singapore’s telco sector in the wake of the 4QCY18 reporting season, which saw StarHub and M1 results come in within expectations, while that of Singtel’s was slightly under.

Sector Focus

As US-China tussle over 5G intensifies, dividends of local telcos come under pressure

SINGAPORE (Feb 18): Huawei Technologies Co and the 5G, or fifth-generation, mobile network has been grabbing headlines. US secretary of state Mike Pompeo is reported to have warned European countries that using technology from Huawei could harm their rela

Right Timing

Right timing: STI breaks out as momentum firms

SINGAPORE (Feb 15): The Straits Times Index moved above its 200-day moving average at 3,223 on Feb 15. The earlier break above 3,190 indicates a target for 3,420. In the near term, resistance appears at 3,308. Support and the fail safe level is at 3.190 b
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