StarHub

HOCK LOCK SIEW

Collapse of M1-Simba deal reveals chinks in Singapore’s cursed telco consolidation dream

A rollback to a three-player market is inevitable; the tragedy is how difficult the exit has become

StarHub says that it “would not want to speculate beyond the information publicly available at this stage”.

Analysts tip StarHub as ‘obvious’ front runner for M1 after Simba merger stalls

The setback is expected to weigh on Keppel, which had planned to monetise M1 through the deal

Keppel has disclosed that there were “quite a few” suitors and “more than one” serious bidder for its M1 telco business before it signed the agreement with Simba.
COMMENTARY

Scuttled M1-Simba deal leaves investors with more questions than answers

How does a telco operator use airwaves that do not belong to it?

Revenue for StarHub's enterprise business fell 4.8% to S$139.4 million for the first quarter ended Mar 31.

StarHub Q1 net profit tumbles 81.3% to S$5.9 million as consumer business slides across the board

Mobile segment subscriptions fall to 2.2 million, from 2.4 million in the year-ago period, amid softer roaming revenue

With the move, Ensign InfoSecurity will be reclassified as an associated company of StarHub, rather than a subsidiary.

StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain

The telco is partially monetising its investment in the joint venture while freeing up capital for redeployment

Micky van de Ven of Tottenham (left) in action against Bukayo Saka of Arsenal during their English Premier League match at the Tottenham Hotspur Stadium in London on Feb 22.

English Premier League set to launch direct-to-consumer streaming in Singapore

StarHub holds the Premier League rights in the country from 2022 to 2028

StarHub plans to ramp up capital expenditure by between 13 and 15%. Citi's analysts describe it as “unexpected”.
BROKERS’ TAKE

RHB downgrades StarHub to ‘sell’, Citi to ‘neutral’ as profit slides; DBS reviews rating

StarHub’s net profit of S$38.5 million for its second half is a 50.9% year-on-year drop

All four of the country’s major telcos – Singtel, StarHub, M1 and Simba Telecom – were targeted, Singapore’s Minister for Digital Development and Information Josephine Teo revealed on Feb 9.

What is UNC3886, the group that attacked Singapore’s telco infrastructure?

UNC3886’s attempts are known to be persistent, with the intention of intelligence gathering and long-term spying