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StarHub cost-cutting brings out the bulls, but are dividends safe?
Its shares jump 4.28% to S$1.95; analysts say dividend payouts could be cut to more sustainable levels
In addition to its belt-tightening, StarHub watchers will also have an eye on the telco's other critical data points to judge the success of its strategic transformation.
BT FILE PHOTO
Singapore
STARHUB's swift and decisive cost-cutting plan driven by new chief executive Peter Kaliaropoulos drew the bulls out from hiding on Thursday, pushing the shares up 4.28 per cent to S$1.95 as revenue-growth fears were momentarily put on hold.
The telco had said late on...
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