Thursday, 5 May 2016

Starhub - CIMB Research 2016-05-05: Lacking topline growth

Starhub - CIMB Research 2016-05-05: Lacking topline growth STARHUB LTD CC3.SI 

Starhub - Lacking topline growth

  • 1Q16 results were in-line. Weaker 2H16 expected on higher handset subsidies.
  • Mobile revenue was weaker yoy & qoq due to decline in Voice roaming/IDD/SMS. 
  • Growing broadband & enterprise fixed revenue offset weakness in mobile & pay TV. 
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