UOB Kay Hian is keeping its “hold” call on StarHub with a target price of $1.30, as it believes that the stock is currently on stable footing and has a frontload capex to drive its future earnings. Starhub continues to experience improvement on its operational parameters amid rational competitio...

Ransomware is no doubt a growing threat to businesses. According to the Cyber Security Agency of Singapore, 89 local ransomware cases were reported in 2020, a 154% increase from the previous year. To help enterprises strengthen their cyber defence, StarHub has teamed up with Ensign InfoSecurity, Pal...

Hydroinformatics Institute (H2i) will tap StarHub’s ubiquitous network of mobile base stations as “opportunistic” rainfall sensors, creating a cost-effective rainfall monitoring system in a pilot by the Public Utilities Board (PUB), which is expected to be launched in the second quarter of the...

City Developments (CDL) has ranked 5th in the 2022 Global 100 Most Sustainable Corporations in the World index, jumping from its 40th position last year. The accolade was announced virtually on Jan 19 at Corporate Knight’s 18th Annual Global 100 Launch. CDL has been included in the Global 100 rank...

DBS Group Research analyst Sachin Mittal seems excited for the regional telecommunications industry’s outlook this year. The way he sees it, last year could have been the inflection point and this year could finally be when the sector sees growth after five years of underperformance. “After a lo...

RHB Group Research is keeping “neutral” on the local telecommunications sector for 2022 and emphasises that stock picking remains key on the back of an uneven economic recovery and extended market volatility. The RHB research team has estimated a sector valuation of 9.5 times FY2022 EV/EBITDA, w...

Nikhil Eapen, StarHub’s CEO, on Nov 25 acquired 730,000 shares for over $1 million or $1.377904 each on the open market. Before this transaction, Eapen, who began this role in January, did not own any StarHub shares. He was previously deputy CEO of ST Telemedia and prior to that, a long-time inves...

THE following companies saw new developments that may affect trading of their securities on Monday (Nov 29):

SINGTEL and an M1-StarHub consortium have each been provisionally awarded 5 lots of 5 megahertz (MHz) paired spectrum, while Australian network TPG Telecom has been provisionally awarded 2 lots of 5MHz paired spectrum in Singapore's latest auction to make available more spectrum to supp...

SINGTEL and an M1-StarHub consortium have each been provisionally awarded 25 megahertz (MHz) of the 2.1 gigahertz (GHz) spectrum, the maximum allowed under Singapore's latest auction to make available more spectrum to support the deployment of 5G networks. This comes in 5 lots of 5MHz p...