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PR Newswire
30-07-2013, 10:06 AM
With SingTel's Telco revenue of S$5117 million (FY2013), mioTV revenue was S$125 million i.e. the least among all segments, slightly less than 2.5%...
If Mr. Market is reacting on the outcome, then it is over-reacting...IMO
Markets brush off SingTel’s cross-carriage BPL outcome
SINGAPORE — Investors have brushed off SingTel’s concerns that losing the cross-carriage appeal for the Barclays Premier League (BPL) coverage could affect its ability to sell other mio TV content to subscribers, lending their support to the red team in a relatively weak day of trading.
Shares in SingTel fell as low as S$3.89 in early trading before gaining traction to finish 0.51 per cent higher at S$3.95, outperforming the benchmark Straits Times Index, which added just 0.03 per cent.
StarHub closed down 0.47 per cent at S$4.26.
http://www.todayonline.com/business/mark...pl-outcome
If Mr. Market is reacting on the outcome, then it is over-reacting...IMO
Markets brush off SingTel’s cross-carriage BPL outcome
SINGAPORE — Investors have brushed off SingTel’s concerns that losing the cross-carriage appeal for the Barclays Premier League (BPL) coverage could affect its ability to sell other mio TV content to subscribers, lending their support to the red team in a relatively weak day of trading.
Shares in SingTel fell as low as S$3.89 in early trading before gaining traction to finish 0.51 per cent higher at S$3.95, outperforming the benchmark Straits Times Index, which added just 0.03 per cent.
StarHub closed down 0.47 per cent at S$4.26.
http://www.todayonline.com/business/mark...pl-outcome
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