StarHub to increase its LTE roll-out

Cash capex is then expected to be 11% of its operating revenue.

Here's more from OCBC:

Previous guidance largely unchanged
Going forward, StarHub has maintained its previous guidance for the rest of the year, with revenue expected to grow in the low single-digit range. It has also kept service EBITDA margin outlook of about 30%, versus 32.1% achieved in 1H12, citing the impending launch of the iPhone 5 as the main reason.

Cash capex will be ~11% of operating revenue, versus no more than 11% previously, because it may accelerate its LTE roll-out with more LTE-enabled handsets expected to enter the market. Finally, it will continue with its S$0.05/share dividend per quarter, or a total dividend of S$0.20 this year, despite the likely higher capex spend in 2H12.

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