SINGAPORE (Oct 19): UOB Kay Hian is maintaining “buy” on StarHub with a higher target price of $2.30 compared to $2.10 previously after factoring cost savings from the group’s new operational efficiency programme, which is expected to generate savings of $210 million over three years. The rese...

SINGAPORE: StarHub mobile prepaid customers will be able to make local outgoing calls for free from Wednesday (Oct 17). StarHub said the initiative is a first in Singapore and that customers will be able to enjoy the free calls every day as long as they have an active data plan. Heavy users can ...

SINGAPORE (Oct 15): When I started investing in the 1990s, I quickly became intrigued by companies with assets that were overlooked by the market. In some cases, the asset in question was simply a pile of cash or liquid securities. Other times, it was a strategically located parcel of land that coul...

Submitted By:  Luz Wendy Noble Case Study:  No The telco might go for a commercial agreement by 2019 or earlier. Just weeks after the telco firm announced that it w...

1 hour 38 min agoSINGAPORE — StarHub Ltd chief executive officer Peter Kaliaropoulos said the company

STARHUB'S shock retrenchment of about 10 per cent of its workforce, hot on the heels of Keppel Corp's surprise plan to buy out the rest of M1 shares it does not own, has resurrected concerns over whether Singapore has room for a fourth mobile operator.

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.

Janice Lim3 hours 6 min agoSINGAPORE — The writing was on the wall.

Janice Lim1 hour 26 min agoSINGAPORE — The telecommunications sector is in for a difficult ride, with the retren

SINGAPORE (Oct 4): Analysts are staying positive on StarHub, after the telco yesterday announced a strategic transformation review, which will include the laying off about 300 of its full-time staff. Following the announcement, DBS Group Research has upgraded Starhub to “buy”, from “hold” pr...

SHARES in StarHub rose in early trading to as high as S$1.96 - up 4.8 per cent - on Thursday morning after the telco confirmed that it was cutting over 10 per cent of its staff amid industry woes.

Submitted By:  Luz Wendy Noble Case Study:  No A one-off restructuring cost of about $25m will be used for outplacement, training, and coaching. Caught in the midst...

SHARES in StarHub rose in early trading on Thursday morning after the telco confirmed that it was cutting over 10 per cent of its staff amid industry woes.

THE following companies saw new developments which may affect trading of their shares on Thursday: 

TELCO StarHub is sending more than one-tenth of its staff to the chopping block, with its recently-appointed chief executive saying that the move was necessary as part of a strategic transformation amid "current industry pressures".

Louisa Tang4 hours 20 min agoSINGAPORE — Singapore’s second largest telecommunications firm StarHub announced on W

SINGAPORE (Oct 3): StarHub is embarking on a strategic transformation review that will include laying off an estimated 300 of its full-time staff, primarily those in non-customer facing functions, with those affected to be notified by the end of this month. In an aftermarket press statement issued o...

STARHUB will start laying off 300 full-time employees by the end of the month, with chief strategic partnership officer Jeannie Ong a notable executive affected by the cuts, The Business Times understands.

STARHUB will start laying off 300 full-time employees by the end of the month, with chief strategic partnership officer Jeannie Ong a notable executive affected by the cuts,<span class="italic"><em> The Business Times</em> </span>understands.

SINGAPORE (Oct 1): Changes in dynamics between Singapore’s telco players could see StarHub or M1 turn acquirer during an industry consolidation in two to three years, says UOB KayHian. In a Monday report, UOB KayHian analyst Jonathan Koh says possible M&A scenarios include StarHub acquiring TP...

SINGAPORE (Oct 1): UOB Kay Hian is maintaining its “overweight” rating on the telecommunications sector in Singapore despite the launch of the new range of Apple iPhones – the XS, XS Max and XR. Telcos typically suffer from hefty handset subsidies following the launch of flagship mobile phones...

SINGTEL will carry all of content provider Discovery's channels in Singapore from Friday, just months after telco rival StarHub parted ways with Discovery amid a price dispute.

STARHUB is about to make changes in its organisational structure that could result in lay-offs among its 2,500 employees in a bid to stay "agile and lean" ahead of new challenges, disruptions and threats.

Submitted By:  Luz Wendy Noble Case Study:  No HGTV, AFC, and Food Network will have free previews on Singtel TV until 30 November. Singtel bagged rights to launch ...

SINGTEL has snagged the rights to carry the full suite of entertainment provider Discovery's content in Singapore, with the companies announcing the launch of three more channels on Friday.

SHARES of StarHub stirred to life on Thursday, boosted by news that Keppel Corp and Singapore Press Holdings are making a buyout offer for rival telco M1, in a deal which values the telco at over S$1.9 billion.

SINGAPORE (Sept 27): StarHub shares have gained 17% over the past four weeks, from $1.62 to $1.90. Following morning’s announcement that Keppel and SPH have made a buyout offer for M1, StarHub shares are up 11 cents or 6.2% to close at $1.88. Since the start of the year, StarHub’s shares have de...

SHARES in local telco StarHub surged by almost 7 per cent on Thursday to reach the highest it has been in 16 weeks. This came on the back of news that Keppel Corp and Singapore Press Holdings (SPH) are seeking a majority stake in rival telco M1, in a deal worth up to S$1.27 billion. 

Janice Lim3 hours 40 min agoSINGAPORE — Four electronics retailers that joined an electronic waste (e-waste) recy

SINGAPORE (Sept 24): Keppel Corporation (KEP) announced that it is considering a transaction involving its indirect interest in M1, together with Singapore Press Holdings (SPH). Keppel is also considering a transaction of its interest in Keppel Telecommunications & Transportation (KTT). Concurre...