StarHub

BROKERS’ TAKE

RHB downgrades StarHub to ‘sell’, Citi to ‘neutral’ as profit slides; DBS reviews rating

StarHub’s net profit of S$38.5 million for its second half is a 50.9% year-on-year drop

All four of the country’s major telcos – Singtel, StarHub, M1 and Simba Telecom – were targeted, Singapore’s Minister for Digital Development and Information Josephine Teo revealed on Feb 9.

What is UNC3886, the group that attacked Singapore’s telco infrastructure?

UNC3886’s attempts are known to be persistent, with the intention of intelligence gathering and long-term spying

Colt's infrastructure is found mainly in the CBD, alongside that of incumbents Singtel and StarHub.

London player Colt targets data centre migration to expand Singapore market share

It views global connectivity as its competitive advantage, and identifies opportunities in SGX data centre migration

An analyst notes that MVNOs with select "customer niches” will perform better in Singapore, though such niches may be “sub-scale” in the Republic.
OUTLOOK 2026

Mobile resellers face cost hikes as telco consolidation cuts bargaining power

With the Simba-M1 merger, MVNOs could lose bargaining power and thus may have to tie up or exit

StarHub chief executive Nikhil Eapen says the 'structural advantage' that the new entity would have from the 900 MHz spectrum must be "addressed directly".

Additional spectrum from Simba-M1 merger would give new entity ‘structural advantage’, says StarHub

Telcos react to proposed merger; Circles.Life is concerned about the new entity’s pole position in the wholesale market

The decline in StarHub's earnings has been attributed to lower gross profit from segments with revenue decline.

StarHub’s Q3 profit falls 35.3% to S$26.2 million

Revenue for the period is down 4.3% at S$550.3 million

NetLink NBN Trust's new CFO, Karie Kow, will assume her role in April 2026.

StarHub’s Karie Kow to be NetLink NBN Trust’s CFO from April 2026

[SINGAPORE] Fibre network provider NetLink NBN Trust is appointing Karie Kow, the current vice-president of corporate finance at mobile operator StarHub, as its new chief financial officer (CFO) next ...