Starhub

SINGAPORE (Oct 19): UOB Kay Hian is maintaining “buy” on StarHub with a higher target price of $2.30 compared to $2.10 previously after factoring cost savings from the group’s new operational efficiency programme, which is expected to generate savin

(Oct 15): StarHub Chief Executive Officer Peter Kaliaropoulos said the company, Singapore’s No. 2 telephone carrier, is looking to pare costs even further by sharing infrastructure after announcing he would trim the company’s workforce by about 12%.

SINGAPORE (Oct 4): Analysts are staying positive on StarHub, after the telco yesterday announced a strategic transformation review, which will include the laying off about 300 of its full-time staff.

SINGAPORE (Oct 3): StarHub is embarking on a strategic transformation review that will include laying off an estimated 300 of its full-time staff, primarily those in non-customer facing functions, with those affected to be notified by the end of this mont

SINGAPORE (Oct 1): UOB Kay Hian is maintaining its “overweight” rating on the telecommunications sector in Singapore despite the launch of the new range of Apple iPhones – the XS, XS Max and XR.

SINGAPORE (Oct 1): Changes in dynamics among Singapore’s telco players could see StarHub or M1 turn acquirer during an industry consolidation in two to three years, says UOB KayHian.

SINGAPORE (Sept 27): StarHub shares have gained 17% over the past four weeks, from $1.62 to $1.90.

SINGAPORE (Sept 21): There are quite a number of new entrants to The Edge Billion Dollar Club 2018 rankings this year, as more companies became eligible for scoring.

SINGAPORE (Sept 6): DBS and RHB are maintaining their “hold” and “neutral” calls on StarHub with the respective price targets of $1.42 and $1.78, while CGS-CIMB Research’s “add” call remains unchanged with a target price of $1.85.

SINGAPORE (Sept 5): StarHub on Wednesday entered into an agreement with Temasek Holdings’ subsidiary Leone Investments to form a joint venture company.