Singapore’s StarHub Q4 net profit drops by 15.1%

www.WirelessFederation.com/news: 15.1% drop in the net profit has been recorded by Singapore telecommunications firm StarHub Ltd in its fourth quarter due to higher cost of equipment as the operator launched Apple’s iPhone in December. The net profit lowered from S$87.4 million in the fourth quarter of 2008 to S$74.2 million in 2009. The service revenue of the firm rose 1% to S$2.06 billion.

A dividend of five Singapore cents per share for the fourth quarter has also been declared by StarHub.

According to StarHub Chief Executive Neil Montefiore, considering the competitive landscape and slow economy, they have delivered a stable FY2009 result, with all their lines of business performing as expected.

U Mobile’s 33% stake to be sold to STT (Malaysia)

www.WirelessFederation.com/news: A part of the stake is agreed to be sold by Berjaya Group, the single largest shareholder in U Mobile which is Malaysia’s fourth-placed mobile network operator. The stake will be acquired by Singapore Technologies Telemedia (STT) in a deal worth around MYR626 million (USD183.81 million). STT is one of the major shareholders in Singaporean telco StarHub. The talks between two companies began in September 2009.

U Mobile’s hunt for a strategic investor would be ended by the completion of the deal. U Mobile needed an investor since September 2009 when Japan’s NTT DoCoMo and South Korea’s KT Corp announced to sell their combined 33% stake in the Malaysian cellco for USD200 million.

StarHub and M1 offer more iPhones on Christmas (Singapore)

www.WirelessFederation.com/news: StarHub and M1 are coming up with Christmas gifts for the people by bringing out more iPhones from Wednesday and offering lower handset prices and more generous phone packages to sign up users. Both  telco’s announced their plans and pricing for the Apple product.

Depending on the phone model and plan chosen, StarHub customers will have to pay something between nothing to $668, the plan starting at $38 monthly. M1 customers will also have to pay between nothing to $668, with its iPhone starting at $36.

M1 which is the smallest mobile operator of Singapore and has been losing its market share has also offered a package with 10GB of mobile data for its entry-level $36 a month packages, which is 10 times of StarHub’s offer and 20 times SingTel’s. Telecom operator Singtel was the first to offer latest iPhone 3GS to its customers, selling them at $678.

Apple’s iPhone comes to M1 in singapore

M1 will sell the iPhone to its subscribers later this year, breaking Singtel’s  monopoly over the iPhone in Singapore.

Starhub, the third mobile operator has chosen to remain tight-lipped about its plans and negotiations with Apple.

The price of the iPhone in singapore is likely to drop with this development.

Research and Markets: China Mobile Limited – Has the World’s Largest Mobile Subscriber Base With Over 260 Million Users

Research and Markets (http://www.researchandmarkets.com/reports/c42991) has announced the addition of 2006 Asia Telco Company Profiles to their offering.

This report presents 12 profiles of selected major telecommunications companies in Asia. Each profile provides a descriptive overview of the business of the particular company as well as the latest available financial and operational statistics.

Topics Covered

1. BHARAT SANCHAR NIGAM LTD 2. CHINA MOBILE LIMITED 3. CHINA NETCOM GROUP 4. CHINA TELECOM CORPORATION 5. HUTCHISON WHAMPOA LTD 6. NTT DOCOMO 7. PACIFIC INTERNET LTD 8. PCCW LTD 9. SINGTEL 10. STARHUB PTE LTD 11. TELEKOM MALAYSIA 12. VIETNAM POSTS & TELECOMMUNICATIONS CORPORATION 13. GLOSSARY OF ABBREVIATIONS List of Tables & Exhibits

Summary

Bharat Sanchar Nigam Limited (BSNL) – India’s state-owned BSNL owns around 85% of the country’s copper wire local loop networks. The company is the largest telecom operator and the largest public sector enterprise in India, providing basic fixed-line services nationwide, except for the cities of Mumbai and Delhi. BSNL lost its exclusive rights to local access and national telephony in 2001. To compensate for reduced revenues, it built a national GSM network and entered the mobile sector, becoming one of the country’s biggest GSM operators. The company also entered the international telephony market in February 2003.

China Mobile Limited – China Mobile has the world’s largest mobile subscriber base (over 260 million) and the largest geographically contiguous mobile network. The company also has a strategic alliance with Vodafone. Listed on the New York and Hong Kong stock exchanges since 1997, China Mobile has been facing competition from cheaper city-based PHS mobile services offered by the country’s two big fixed-line operators. In preparation for 3G services in China, the company submitted its application for a WCDMA licence in July 2005.
China Netcom Group – China Netcom Group is the second largest fixed-line operator in China. The group owns 30% of the country’s fixed-line infrastructure and serves 35% of its fixed-line customers. As part of its infrastructure it has a 360Gb/s IP backbone network and the Asia Netcom submarine cable network. Its services include PSTN and VoIP telephony, the ‘Little Smart’ PHS service, broadband Internet access, leased lines and VPNs. With an IPO in November 2004, it was the last of the major telcos in China to go public.
China Telecom Corporation Ltd – China Telecom Corporation Ltd is the principal provider of local, domestic and international voice and data services, dial-up and broadband Internet access in 20 of the 31 regions in China. The company commenced operations in September 2002, then went public on the HKSE and NYSE in November of that year, after the government split the original state-owned China Telecom into the China Netcom and the current China Telecom. Revenue growth engines have included the company’s PHS mobile service and its broadband Internet service. In mid-2005, China Telecom signed a landmark cooperative agreement with ZTE to provide the world’s largest fixed-line Next-Generation Network (NGN) in China covering 30 provinces.

Hutchison Whampoa Ltd – Hutchison Whampoa, a huge Hong Kong based conglomerate, has become heavily involved in telecommunications and is now a serious global player. As well as its Hong Kong business, it has a presence in a growing number of countries throughout Asia, Europe, Australasia, the Middle East, Africa and South America. Specialising in mobile communications, the company has invested billions in Third Generation (3G) licences and infrastructure and has been at the forefront of the global 3G roll-out.

NTT DoCoMo – Listed on the Tokyo, London and New York Stock Exchanges, NTT DoCoMo is controlled by NTT Corporation and is the mobile arm of the NTT group. DoCoMo is one of the largest mobile carriers in the world. In 2001, it became the first operator in the world to launch a 3G service. The company provides 2G and PHS mobile telephony, FOMA 3G mobile communications based on the WCDMA standard, i-mode mobile Internet access and email messaging platform and satellite mobile communications. DoCoMo’s 3G service surged in sales in 2004/05 after three years of weak sales. DoCoMo was determined to launch its 4G services during 2006, several years ahead of its competitors.

Pacific Internet Ltd – NASDAQ-listed Pacific Internet Ltd is one of the largest Internet Service Providers (ISPs) in the Asia Pacific, providing Internet access and services in Singapore, Australia, Philippines, Hong Kong, Thailand, India and Malaysia. Pacific Internet provides end-to-end Internet services for corporate and residential customers, including dial-up access, DSL and wireless broadband access, leased line services, web hosting and e-commerce services. Listed on the NASDAQ, Pacific Internet Ltd no longer has the government-owned SembCorp Ventures as a major shareholder. SembCorp sold its remaining shares to an investment company, Kingsville Capital, in 2005. Some months later, Kingsville sold its shareholding to venture capitalist Vantage Corporation.

PCCW Ltd – PCCW has been Hong Kong’s dominant fixed-line telecommunications provider since it acquired the incumbent, Cable and Wireless HKT, in 2000. Since the takeover, the company has been struggling with debt and organisational restructuring in its effort to remain viable. In January 2005, China Netcom reached an agreement with PCCW on the purchase of a 20% stake in PCCW for US$1 billion.

Singapore Telecom (SingTel) – Listed on the Singapore and Australian Stock Exchanges, SingTel is majority owned by the Singapore government. SingTel is the leading provider of fixed-line, mobile and Internet services in Singapore. With a small, saturated and competitive home market, SingTel has significant offshore interests, which now contribute a majority of its revenue. Its main subsidiary is Optus in Australia. Others include Telkomsel in Indonesia, Globe Telecom in the Philippines, Bharti Telecom in India and AIS in Thailand. The company has significant investments in international submarine cable networks, satellite systems and data centres.

StarHub Pte Ltd – StarHub provides voice and data services over fixed, mobile and Internet platforms. After a period of strong growth, the company has passed MobileOne to take second position behind SingTel in the mobile market and is now closing in on the incumbent. StarHub has deployed an IP-based network to serve corporate customers and has been building a nationwide network to serve the residential market. In April 2001, the operator was awarded a 3G mobile licence and launched a 3G service in 2005. Singapore Cable Vision merged with StarHub in July 2002, renaming itself StarHub Cable Vision, providing cable TV and broadband services. The operator’s broadband base represented over 50% of the residential broadband market in Singapore by end-2005.

Source- http://www.redorbit.com