RESULTS ·
Subscribers

StarHub Q3 net rises 2.6% to S$97.7 million

Singapore

A SPIKE in handset sales, driven by the launch of new iPhone models, has helped StarHub record a 2.6 per cent rise in net profit to S$97.7 million for the quarter ending Sept 30.

Revenue came in 2.3 per cent higher at S$592 million, even though the broadband business took a hit from stiff competition.

The pricing war resulted in broadband revenue falling 17.4 per cent to S$49.2 million, even though there was an increase in subscriber base.

Already, the company said in its outlook that it expects...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes