New CEO Aiello joined STAR in June 2006 in a newly-created role, and was formerly Managing Director and Head of the Telecom, Media and Technology Investment Banking team for Morgan Stanley in the Asia Pacific region. His background in Mergers & Acquisitions is leading to analyst speculation that more M&A activity lies ahead for STAR. "STAR has always been and will continue to engage in M&A activities which will take STAR to a new level of growth," the spokesperson adds.