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  • Trading In Singapore With StarHub Ltd 0 comments
    Jul 22, 2013 2:22 AM

    The Singapore has a highly developed trade-oriented market economy. It posted the strongest growth in three years, expanding by 3.7% on year in the second quarter. The manufacture sector in Singapore also saw positive growth in the second quarter of 2013, after three straight quarter of contraction. In this article I am sharing about 高分红 股票 新加坡 , StarHub Ltd, which is one of the top telecommunications companies in Singapore. Let's read more about it

    StarHub Ltd

    Overview

    StarHub Ltd is a Singapore-based full-fledged telecommunications company which is engaged in the operation and provision of telecommunications services and other businesses relating to the info-communications industry. The company provides a full range of services over mobile, internet and fixed platforms mainly in Singapore. Its subsidiaries include StarHub Cable Vision Limited., which is involved in the provision of television subscription and television broadcasting services; StarHub Mobile Pte Ltd which is engaged in the provision of mobile telecommunications services; StarHub Internet Pte Ltd which is engaged in the business and operation of internet services; StarHub Online Pte Limited, which is involved in providing the broadband access services, and Nucleus Connect Pte. Ltd, which is involved in the business of high speed wholesale broadband services.

    The company is operating a mobile network which provides 4G, 3G and 2G services to the customers and also manages an island-wide HF network delivers multi-channel pay V services as well as ultra-high speed residential broadband services. Over the Singapore's fiber-based Next Generation Nationwide Broadband Network, the company offers a wide range of home and business broadband plans along with a host of advanced media-rich value-added services, including IPTV for commercial entities.

    History

    On May 1998 when the government announced that the telecommunications sector in Singapore would be completely liberalized by 2002, The Company was awarded the license to provide fixed network and mobile services. In the year of 2000 the government of Singapore announced that the date for complete liberalization would be brought forward to 2000, and the 49% cap on foreign ownership of public telecommunications companies in Singapore would be lifted.

    In April 2000 The StarHub was officially launched with ST Telemedia, Singapore Power, BT Group and Nippon Telegraph and Telephone (NYSE:NTT) as its major shareholders. In January 1999, the company acquired internet service provider CyberWay and became a subsidiary within the StarHub group. On 3 December 1999 the company was renamed as StarHub Internet.

    Company's Wireless Broadband Services

    Ø Its Wireless Broadband is available at Suntec Convention Centre and different areas of Suntec Retail mall, Singapore Expo, all the coffee Bean & Tea Leaf outlets, as well as selected areas in Changi Airport Terminals 1, 2 and 3.

    Ø The customers of the company enjoy free wireless broadband access at all StarHub hotspot in Singapore. They also can get free access to wireless@SG services through a Memorandum of Understanding reached between StarHub and QMax Communications.

    Ø The company together with other member operators has been the adopting of wireless broadband technologies and services around the world by developing a common commercial, technical and marketing framework for wireless network interoperability.

    Strategy and announcements

    StarHub strategy focuses on providing its customers with a superior mobile broadband experience. The company to meet the smartphone data services' growing demand and develop its GSM network which has selected Nokia Siemens Networks as its LE mobile broadband infrastructure and services vendor.

    On February 7, 2013, StarHub Limited announced the retirement of the chief Executive Officer of the Company, Mr. Neil Montefiore on effective February 28, 2013. The company declared an interim tax exempt cash dividend of SGD0.05 per ordinary share. The interim was paid on May 20, 2013.

    The company has a current market capitalization of 7.21 Billion, EPS is 0.21, P/E ratio is 19.97 and the dividend yield is 4.77% at the annual dividend payout of 0.05.

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