Elevator Pitch
Singapore-listed telecommunication services operator StarHub Ltd. (OTCPK:SRHBF) [STH:SP] is the second-largest mobile services operator in Singapore with a market share of 26.2% as of end-March 2019. The other two mobile operators in the country are market leader Singapore Telecommunications Limited (OTCPK:SGAPY) (OTCPK:SNGNF) [ST:SP] and third largest player M1 Limited (OTC:MBOFF) (OTCPK:MBOFY). Starhub trades at 5.9 times consensus forward FY2020 EV/EBITDA and offers a 6.1% dividend yield based on a quarterly dividend per share of S$0.0225.
This is an update of my earlier initiation