Will StarHub completely take over Accel?
It recently acquired 51% stake in the cybersecurity solutions provider.
It appears like its 51% stake in Accel Systems & Technologies is not enough for StarHub.
According to RHB's News Bulletin, StarHub could be in the process of acquiring the remaining 49% of the cybersecurity company.
To recall, the telco recently acquired 51% stake in Accel as it boosts its enterprise business which is its second biggest revenue generator after mobile. The transaction value sits at $19.4m.