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StarHub to partner start-ups, not buy them

Published Fri, Nov 29, 2013 · 10:00 PM
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Singapore

STARHUB is intent on making a play for a slice of the start-up pie, but it will take the partnership route instead of outright acquisition, its CEO, Tan Tong Hai, said yesterday.

"We're not going to be a venture capitalist (VC) because the VCs would (already) have invested in different companies," Mr Tan said, speaking on the sidelines of the groundbreaking ceremony for the telco's new MediaHub building at the One-North business park yesterday.

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