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StarHub Q1 profit falls 12% on more handset subsidies

Telecommunications group nets S$73.7m on 8.1% revenue rise
Saturday, May 16, 2015 - 05:50
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Strong demand for iPhones that spilled over from end-2014 into the usually quieter first quarter prompted StarHub to give out more handset subsidies in order to woo customers and thus dragged down earnings for the period, the telecommunications group said in a results briefing over the phone on Friday.

Singapore

STRONG demand for iPhones that spilled over from end-2014 into the usually quieter first quarter prompted StarHub to give out more handset subsidies in order to woo customers and thus dragged down earnings for the period, the telecommunications group said in a results briefing

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