StarHub Ltd
CC3: XSES (SGP)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| c | LOCK|N% | LOCK|JxjqPR |
StarHub Earnings: Consumer Telecom Market Competition Remains Intense
StarHub's second-quarter service revenue declined 23% mainly due to the deconsolidation of Ensign. An underlying 8% revenue drop was mainly due to declines in key consumer businesses: mobile (negative 10%), broadband (negative 9%), and entertainment (negative 7%), due to continued price competition.
