StarHub Ltd

CC3: XSES (SGP)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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StarHub Is Looking for a Turnaround in the Singapore Consumer Telecom Market

Business Strategy and Outlook

Stronger competition in the mobile market, secular decline in the linear pay TV market, and the move to the National Broadband Network have driven excess returns for StarHub lower, and we believe it has no moat.

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