New CEO has tough job of reviving StarHub's fortune

NIKHIL Eapen has inherited a company in a tough spot: Mainboard-listed telco StarHub last week reported a 15.2 per cent fall in full-year net profit, with structural disruption in the telecom industry worsened by the impact of the Covid-19 pandemic.

Since two chief executives ago, StarHub has been expanding into the low-margin but high-growth enterprise business - and Mr Eapen will oversee that ongoing transformation.

Cybersecurity, enterprise 5G and, most recently, regional infocomm technology (ICT) services have helped to beef up the enterprise wing.