
KIMPEK ( Date: 02-Oct-2009 11:28) Posted:
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I believe Starhub has other plan, otherwise he will try all mean to get it
Must have faith....
Those analysts report I read from local brokerage .. Those Anal-Lyst can't make it..
All assumed that starhub cable subscriber base will be half 'coz now half of the subscriber base subscribe to Football Channel.
How do you know that :-
1) the subscribers who subscribe to the Sports channel is only subscribing it for the sports channel?
2) the family members are all going to switch to Mio 'coz the Sport Fan want to Football??
3) You mean there is no scenario where the football fan subscribe to Mio for Football while the family members retain Starhub Cable for the other programs? It must be Mutually exclusive??
(MORE TO FOLLOW) Dow Jones Newswires
October 01, 2009 22:34 ET (02:34 GMT)
DJ SingTel Bid More Than S$280M For English Soccer Rights-Source
SINGAPORE (Dow Jones)--Singapore Telecommunications Ltd. (Z74.SG) bid more than S$280 million to get exclusive broadcasting rights for English Premier League soccer matches for three years starting August 2010, a person familiar with the situation said Friday.
The person also said that SingTel is unlikely to be able to recover the costs of the content from its pay TV business, and added that some form of government intervention is possible.
A SingTel spokesman said the firm doesn't comment on market speculation.
SingTel, Southeast Asia's largest telecommunications firm by revenue, said Thursday that it got the soccer rights, news that surprised the market and sent rival StarHub Ltd.'s (CC3.SG) shares plunging.
StarHub, the incumbent pay-TV operator in Singapore, has broadcast the soccer matches in Singapore since 1997 and hold the rights for the games until the end of the current season in mid-2010. Their shares were down 3.9% at S$1.95 as of 0240 GMT.
The English soccer league is considered a key content in Singapore, given the league's immense popularity in the island state.
there are ONLY 2 possible scenairo:
1) Singtel will raise the subscription of mioTV.... to cover cost or at least at a price that will depreciate the one off EPL..etc sport rights purchase overtime as well as to speed up the delivery infrastructure to all home in SG to be ready next yr 2010....
2) some joint "venture" with StarHub by reselling it's EPL..etc broadcasting rights...even though Singtel is dening that possibilty now...well it just may be possible down the road as the singtel busi get tougher ?
...so stay tune to that saga.. :D
SINGTEL-STARHUB TUSSLE
COMMENTARY
Will SingTel keep its word on not charging consumers more?
By LEE U-WEN
BARELY 60 hours after telco giants StarHub and SingTel braced themselves for battle, it was the latter that had its arm raised as it secured the prized exclusive rights to air English Premier League matches from next August.
Many football fans were caught off-guard by the speedy conclusion of the bidding war as SingTel announced its victory early yesterday morning. Up until then, the possibility of an alliance between the two rivals was still being discussed. Fans were also busy weighing their options should one or the other, or even both, win the bid to screen 'live' games from the world's most popular football league for the next three seasons.
As the dust settles, to say that many are finding themselves in a tricky spot is an understatement. Signing up with both telcos would be the most ideal as it would give the complete package of all the different sports and other channels as well, but at what cost to the wallet?
Bear this in mind, though: SingTel also surprisingly announced that it had bagged the ESPN Star Sports channels, which include other key offerings such as the FA Cup, Formula One, the Australian Open, Wimbledon and the US Open Golf Championship.
The message from SingTel is clear: From next year, everyone who wants to watch the vast majority of sports will have to sign up for mioTV.
Perhaps crucially, SingTel chief executive Allan Lew promised in a statement yesterday that consumers would not be charged 'more than what they are currently paying to their cable TV operator', while still enjoying the convenience of SingTel's integrated mobile, Internet and mioTV platform.
But there are many other factors to consider before one chooses to jump ship. First, there is the group who has only just signed a fresh two-year contract with StarHub primarily because of the sports channels. They now face the prospect of being football-less next year unless they sign up with SingTel too, as they are unable to break their StarHub contract due to hefty penalties.
There is another catch. Those who want to subscribe to mioTV must have a SingTel fixed line installed in their home. This would be a problem for those who have terminated their lines in recent years, preferring to use their mobile phones to communicate instead. Subscribing to a fresh fixed line for the sake of mioTV would mean paying extra for installation and monthly charges.
While SingTel claims that it has 95 per cent of residential areas covered already, it has to work faster in wiring up the rest of the country - including pubs and coffeeshops and other nightspots - to win over as many customers as possible.
Currently, the estate where I live in in the West is not mioTV-ready yet, which means I can't even enjoy the Champions League this season. The only way to catch the games is on my computer via SingTel's Football Frenzy offering, which would cost $156 a year.
Netizens, meanwhile, are all abuzz at the revelation that they might have to subscribe to both pay-TV operators. Forgoing StarHub would mean not being able to watch news channels such as BBC or CNN, entertainment stations such as Star World or AXN and premium movie channels such as HBO.
Clearly, SingTel is now putting all its eggs in one basket and banking on sports to win over a still-sceptical public. All eyes will now be on whether it remains true to its word that consumers won't have to pay more to watch sports than what they are currently forking out now.
Temasek owns 54.1% Singtel, 56.6% Starhub
By paying such high rights (~$400m) to EPL(outsider), we singapore lost. the gain in singtel cannot compensate the loss in starhub
08:47 | DowJones | DJ MARKET TALK: Citi Downgrades StarHub To Sell; S$1.80 Target |
StarHub has indeed made the right choice to forgo the BPL rights so as to safeguard the interest of the shareholders.
I believe they had knew that the company will make a loss throughout the 3 years if they win the bid.
Nontheless, cable tv still has the most programmes/channels currently and the network is stable.
I will still keepthe cable tv for my family.
xingglobal ( Date: 01-Oct-2009 20:38) Posted:
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All Starhub users are going to Singtel for iphone ... and Mio TV ???
belgeran ( Date: 01-Oct-2009 20:01) Posted:
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I'm just wondering if the following consideration is possible?
1) massive short selling and buying in at cheaper price
2) sell off for profit and buy back in at cheaper
TuaPekGong9413 ( Date: 01-Oct-2009 14:40) Posted:
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uh.. where did that come from...
If you noticed, I was just saying i'm q-ing at $2.00 ..
and I did not talk the market down (as highlighted by crazyhorse why i say good things instead of negative things).
Get your facts right.. Ah Gone.
TuaPekGong9413 ( Date: 01-Oct-2009 15:45) Posted:
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now is oct...not march leh....guess u nvr update yr calender....cheers...greensnake
SnakeGreen888 ( Date: 01-Oct-2009 15:49) Posted:
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