StarHub Gains Bull on Potential M1 Deal -- Market Talk
Dow Jones2026/07/27 03:410341 GMT - StarHub gains a new bull in DBS Group Research's Sachin Mittal on the potential for the Singapore telecommunications company to acquire rival M1. StarHub and M1 could announce a deal in 2026, the analyst says in a note, after the M1-Simba deal collapsed. The analyst estimates annual synergies between StarHub and M1 to be about 9%-11% of the combined FY 2026 Ebitda. Any consolidation of the Singapore telecommunications sector could also boost StarHub's annual revenue per user, he says. DBS raises its rating on StarHub to buy from fully valued and increases its target price to 1.40 Singapore dollars from S$0.94. Shares are flat at S$1.02. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
July 26, 2026 23:41 ET (03:41 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Crypto market’s weekly winners and losers – QNT, NEAR, AKE, RAIN
KAS went up 12%, but the Kaspa network is emptying out – What’s happening?
$2.39 Billion In One Weekly: Institutional Investors Bet On Bitcoin Again?
Peter Brandt sets $8,600 long-term Ethereum target if $5,000 is breached
Crypto prices
More
