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StarHub
StarHub Limited, commonly known as StarHub, is a Singaporean multinational telecommunications conglomerate and one of the major telcos operating in the country. Founded in 1998, it is listed on the Singapore Exchange (SGX).
StarHub was awarded the license to provide fixed networks and mobile services on 23 April 1998, when the government announced that the telecommunications sector in Singapore would be completely liberalised by 2002. In 2000, the government announced the date for complete liberalisation would be brought forward to 1 April 2000, and the 49% cap on foreign ownership of public telecommunications companies in Singapore would be lifted. StarHub was officially launched on 1 April 2000 with ST Telemedia, Singapore Power, BT Group and Nippon Telegraph and Telephone (NTT) as its major shareholders.
On 21 January 1999, StarHub acquired internet service provider CyberWay and it became a subsidiary within the StarHub group. It was renamed as StarHub Internet on 3 December 1999 in a move to integrate CyberWay into the StarHub brand.[citation needed]
In 2001, Singapore Power divested its shares in StarHub and sold its 25.5% stake to ST Telemedia for S$400 million. BT Group subsequently divested its 18% stake as a result of consolidation, after accumulating debt acquired during the bidding round for 3G licences in the United Kingdom.[citation needed]
On 1 October 2002, the company merged with Singapore's sole cable television operator, Singapore Cable Vision. As a result of the merger, it acquired SCV's cable television as well as broadband internet access operations.
StarHub was publicly listed on the Singapore Exchange on 13 October 2004.[citation needed]
On 12 January 2007, StarHub announced a 'Strategic Alliance' with Qatar Telecom.
On 1 May 2009, the Infocomm Development Authority of Singapore announced that StarHub's wholly owned subsidiary, Nucleus Connect, was selected as the Operating Company (OpCo) to design, build and operate the active infrastructure of the Next Generation Nationwide Broadband Network (Next Gen NBN). Next Gen NBN is now simply known as Nationwide Broadband Network or NBN.
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StarHub
StarHub Limited, commonly known as StarHub, is a Singaporean multinational telecommunications conglomerate and one of the major telcos operating in the country. Founded in 1998, it is listed on the Singapore Exchange (SGX).
StarHub was awarded the license to provide fixed networks and mobile services on 23 April 1998, when the government announced that the telecommunications sector in Singapore would be completely liberalised by 2002. In 2000, the government announced the date for complete liberalisation would be brought forward to 1 April 2000, and the 49% cap on foreign ownership of public telecommunications companies in Singapore would be lifted. StarHub was officially launched on 1 April 2000 with ST Telemedia, Singapore Power, BT Group and Nippon Telegraph and Telephone (NTT) as its major shareholders.
On 21 January 1999, StarHub acquired internet service provider CyberWay and it became a subsidiary within the StarHub group. It was renamed as StarHub Internet on 3 December 1999 in a move to integrate CyberWay into the StarHub brand.[citation needed]
In 2001, Singapore Power divested its shares in StarHub and sold its 25.5% stake to ST Telemedia for S$400 million. BT Group subsequently divested its 18% stake as a result of consolidation, after accumulating debt acquired during the bidding round for 3G licences in the United Kingdom.[citation needed]
On 1 October 2002, the company merged with Singapore's sole cable television operator, Singapore Cable Vision. As a result of the merger, it acquired SCV's cable television as well as broadband internet access operations.
StarHub was publicly listed on the Singapore Exchange on 13 October 2004.[citation needed]
On 12 January 2007, StarHub announced a 'Strategic Alliance' with Qatar Telecom.
On 1 May 2009, the Infocomm Development Authority of Singapore announced that StarHub's wholly owned subsidiary, Nucleus Connect, was selected as the Operating Company (OpCo) to design, build and operate the active infrastructure of the Next Generation Nationwide Broadband Network (Next Gen NBN). Next Gen NBN is now simply known as Nationwide Broadband Network or NBN.