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New CEO has tough job of reviving StarHub's fortune

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Annabeth Leow

Annabeth Leow

Published Mon, Feb 22, 2021 · 09:50 PM

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    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.

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