Thursday, 5 May 2016

StarHub - Maybank Kim Eng 2016-05-06: Awaiting clarity on potential new entrant

StarHub - Maybank Kim Eng 2016-05-06: Awaiting clarity on potential new entrant STARHUB LTD CC3.SI 

StarHub (STH SP) - Awaiting clarity on potential new entrant 


Within expectations 

  • 1Q16 within expectations. 
  • Decent quarter, boosted by excellent opex management, although service revenue was weak. 
  • Growth in broadband and enterprise (25% of total revenue) was offset by weakness in mobile and pay TV (66% of total revenue). 
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