StarHub: profit up, in talks with Netflix

Singapore

STARHUB is in the midst of discussions with online movie rental service Netflix, the telco revealed on Friday as it announced a 21.5 per cent gain in third-quarter net profit.

Howie Lau, StarHub's chief marketing officer, declined to provide details on the talks because of confidentiality agreements. Netflix has said that it plans to begin offering its content in Singapore in 2016. Mention of the discussions came during StarHub's quarterly earnings briefing to analysts and media.