StarHub plans IPO

6 Feb 2004

Singaporean mobile, cable-TV and internet operator StarHub has resurrected its plans for an initial public offering (IPO), after scrapping them just last year. It has not commented on the matter, but an IPO would allow both UK telco BT and Japan’s NTT DoCoMo to sell their stakes in the company. StarHub reported a loss in 2003, which it attributed to the cancellation of the IPO. It does not expect to return to profit until 2005.

Singapore, StarHub