TPG Telecom is Singapore Fourth Telco

TPG Telecom, an Australian-based internet service provider has won the bid to become Singapore’s 4th Telco. The winning bid is S$105 million.

It is quite contradicting. SingTel venturing into Australian market and here in Singapore, we have TPG Telecom venturing into Singapore market. It may take a few years for TPG Telecom to gain market share in Singapore.

StarHub Takes Double Hit in FY16

StarHub Logo

Few months back, Netflix announced its entry into Singapore. This has impacted StarHub and Singtel as both are in the Pay TV business.

Recently, there has been news that StarHub will stop eight of its FOX channels as renewal negotiations between FOX and StarHub cannot be reached.

Currently, StarHub makes up 3% of my stock portfolio. It has been providing good dividend and growth over the years. Based on 1 month stock chart, the price of StarHub has plunged 10.57%. Read More