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StarHub signals intention to go aggressive on acquisitions even as H1 profit falls 41.7%

It is also looking to continue its low-cost strategy with mobile virtual network operator Eight

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Young Zhan Heng
Shikhar Gupta

Young Zhan Heng &

Shikhar Gupta

Published Thu, Aug 14, 2025 · 08:41 AM
    • The decline in profit includes a one-off forfeiture payment of S$14.1 million for the return of certain spectrum rights.
    • The decline in profit includes a one-off forfeiture payment of S$14.1 million for the return of certain spectrum rights. PHOTO: STARHUB

    [SINGAPORE] StarHub chief executive Nikhil Eapen on Thursday (Aug 14) declared that the telco will continue to be aggressive on acquisitions.

    “We have a big war chest,” said Eapen at a briefing accompanying StarHub’s financial results for the first half-year ended June.

    “We are also open to further small-scale consolidations in the domestic consumer space,” he added, noting that StarHub has strong cash flow and low leverage levels.

    StarHubFinancial results

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