This week’s Tug-Of-Fools will see Chong Ser Jing and Sudhan P tussle over Singapore’s second-largest telecom company StarHub (SGX: CC3).
StarHub is a quadruple-play communications company – it provides fixed-line, mobile, internet and television services. It was granted a telecom licence in 1998 when the Singapore government opened up telecommunication services in the Garden City.
It was officially launched two years later with the backing of some of the world’s biggest telecom companies that included the UK’s BT Group and Japan’s NTT. It was floated on the Singapore market in 2004 and is a constituent of the Straits Times Index (SGX: ^STI).
Today, StarHub competes with SingTel (SGX: Z74) and M1 (SGX: B2F) for a share of the Singapore telecom users’ eyes, ears and vocal chords. Income lovers will probably know it best for its steady stream of dividends, which it pays out to shareholders every three months.
Meanwhile, Singapore football lovers will probably know all about the complicated goings-on between StarHub and SingTel to bring Barclays Premiership League games to their front rooms.
How could that affect StarHub?
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