(04-08-2013, 05:17 PM)NTL Wrote: [ -> ] (04-08-2013, 12:33 PM)Dividend Warrior Wrote: [ -> ] (04-08-2013, 12:04 PM)NTL Wrote: [ -> ]Does this means that Starhub is subsidizing their customers to watch soccer? Good news for Singtel as they still be collecting $59.90, and bad news for Starhub as they will only collect $17.37?
Singtel needs to pay cross-carriage fees to Starhub.
Oh, dunno there such a cross platform fee. Tried searching the internet, but unable to find out more info about it.
It sounds so funny that Singtel need to pay Starhub, so that Starhub's customers can watch Singtel's programs. Isn't that on normal business ground, it supposed to be Starhub paying Singtel so that their customers can watch the same program, and Starhub can charge the price they want to the customers?
So... Who set the fees amount? Starhub? Singtel? MDA?
MDA
Go to,
http://www.mda.gov.sg/Policies/Policiesa...ition.aspx
Scroll down & click on,
Media Development Authority of Singapore Act - Code of Practice for Market Conduct (G.N. No. S 148/2010)
– updated 13 July 2011
See Appendix 4, under,
5. PRICING OF COSTS OF CROSS-CARRIAGE
Additional Reference
AMENDMENTS TO APPENDIX 4 OF THE CODE OF PRACTICE FOR MARKET CONDUCT IN THE PROVISION OF MEDIA SERVICES 2010: IMPLEMENTATION OF THE CROSS-CARRIAGE MEASURE
ISSUED ON: 9 JULY 2012
Yes. There is a cross platform fee. I read it in the newspaper too. At the end of the day, It's always the consumers who suffer.
(04-08-2013, 11:21 PM)KopiKat Wrote: [ -> ] (04-08-2013, 05:17 PM)NTL Wrote: [ -> ] (04-08-2013, 12:33 PM)Dividend Warrior Wrote: [ -> ] (04-08-2013, 12:04 PM)NTL Wrote: [ -> ]Does this means that Starhub is subsidizing their customers to watch soccer? Good news for Singtel as they still be collecting $59.90, and bad news for Starhub as they will only collect $17.37?
Singtel needs to pay cross-carriage fees to Starhub.
Oh, dunno there such a cross platform fee. Tried searching the internet, but unable to find out more info about it.
It sounds so funny that Singtel need to pay Starhub, so that Starhub's customers can watch Singtel's programs. Isn't that on normal business ground, it supposed to be Starhub paying Singtel so that their customers can watch the same program, and Starhub can charge the price they want to the customers?
So... Who set the fees amount? Starhub? Singtel? MDA?
MDA
Go to,
http://www.mda.gov.sg/Policies/Policiesa...ition.aspx
Scroll down & click on,
Media Development Authority of Singapore Act - Code of Practice for Market Conduct (G.N. No. S 148/2010)
– updated 13 July 2011
See Appendix 4, under,
5. PRICING OF COSTS OF CROSS-CARRIAGE
Additional Reference
AMENDMENTS TO APPENDIX 4 OF THE CODE OF PRACTICE FOR MARKET CONDUCT IN THE PROVISION OF MEDIA SERVICES 2010: IMPLEMENTATION OF THE CROSS-CARRIAGE MEASURE
ISSUED ON: 9 JULY 2012
Thanks. But no mentioning on how the fees is derived...
results tonight, hope it will be good ^^
Net Profit up!
EBITDA up!
Dividend Warrior, can you please show me how EBITDA can be up?
(06-08-2013, 07:11 PM)NTL Wrote: [ -> ]Another 5c.
Starhub is generous in dividend payment, yet the chart doesn't seem to be very optimistic
Looked into the report and presentation slides.
- TV customer base continue to decline, QoQ in the last 5 quarters. ARPU was maintained. The decline will continue IMO
- Broadband customer base started to decline QoQ. Customers were lost in the migration from cable to fiber broadband. The decline will continue IMO.
The FCF is 3.7 cents per share, while quarterly dividend payout is 5 cents. Will the dividend payout sustainable?
(not vested)
it will be unwise to look at a quarter of report and make judgement on the dividend.
EBITDA looks to be down instead of up, so i am puzzled why Dividends Warrior said otherwise.
Edit: looks like EBITDA is up. calculation mistake on my end.