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StarHub Ltd (STAR.SI)

STAR.SI on Stock Exchange of Singapore

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11 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Starhub CEO Tan Tong Hai will step down from his position​
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Starhub Ltd :‍ CEO Tan Tong Hai will step down from his position​.  Full Article

StarHub says qtrly net profit S$‍76.2​ mln vs S$86 mln
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Starhub Ltd :Qtrly net profit S$76.2​ million versus S$86.0 million a year ago.Q3 total revenue S$‍580.4​ million versus S$585.3 million.‍Maintain guidance on 2017 service revenue to be at about 2016's level and EBITDA margin to be between 26 pct to 28 pct of service revenue​.‍In 2017, capex payment, excluding spectrum payment of S$69.3 million, is expected to decrease to 10 pct of total revenue​.Intend to maintain a quarterly cash dividend of 4 cents per ordinary share for FY2017​.  Full Article

Fitch says spectrum tussle in SE asia to step up telecom competition
Thursday, 4 Aug 2016 

Fitch : Impending spectrum allocations in 2h16 will intensify telecom rivalries and shape 4g competition in indonesia, singapore and malaysia . "telecom operators are facing increasing challenges of high capex investments and spectrum inadequacy, thanks to proliferation of data services" . Spectrum tussle in se asia to step up telecom competition .Smaller spectrum allocation in 900mhz band for singapore telecommunications, starhub , m1 will result in them raising capex in next two years.  Full Article

Starhub says Q2 net profit S$108.6 mln
Wednesday, 3 Aug 2016 

StarHub Ltd : Second quarter and/ or half yearly results) . Q2 net profit S$108.6 million versus S$99.1 million last year . Q2 total revenue S$585.7 million versus S$589.5 million . Q2 pre-paid Mobile ARPU S$16 per month versus S$18 last year . "In the Mobile business, we continue to expect growth in subscription revenue and data revenue for post-paid" . Interim dividend S$0.05 per share . Expect group's 2016 service revenue to be at about 2015's level . Says in 2016, capex payment is expected to be at about 13% of total revenue . Expect group's 2016 EBITDA margin at about 32% of service revenue . For 2016, we intend to maintain the annual cash dividend of 20 cents per ordinary share .  Full Article

BRIEF-Starhub CEO Tan Tong Hai will step down from his position​

* ‍ CEO Tan Tong Hai will step down from his position​ Source text for Eikon: Further company coverage: