StarHub CEO, who stormed in with job cuts, wants cheaper network

(Oct 15): StarHub Chief Executive Officer Peter Kaliaropoulos said the company, Singapore’s No. 2 telephone carrier, is looking to pare costs even further by sharing infrastructure after announcing he would trim the company’s workforce by about 12%.

The city-state’s No 2 telecommunications company may reach a commercial agreement on network sharing in 2019 or earlier, Kaliaropoulos, who joined as chief executive officer in July, said in an Oct 11 interview. Financial benefits could be seen by the end of next year, he said.

“We’re talking to a lot of people,” Kaliaropoulos said. “When an industry hits maturity, you need to start sharing facilities.”

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