The last time I wrote about Starhub was a brief article in 2014. The beauty of Starhub is that since then business have been humming along.
When you get invested in a telecom operator in a mature region, unless you have a competitive edge over your competitor, usually much of your organic growth depends a lot on the oligopolistic nature of the business, economies of scope to sell services and products that are matured enough for the consumers in the region.
Telecoms have reached an inflection point where innovation in the past few years have stagnate. Since the move to data plans over voice plans, the telecom operators have not been able to provide application services and are still relying on selling mobile, broadband, fixed line to enterprises, international data call and pay TV.
Due to this nature, Starhub have been a consistent generator of free cash flow and due to ......