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StarHub Q4 net profit down 33.2% to S$54m

Lower subscription rate, lower IDD and roaming usage contribute to drop

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According to StarHub, the higher revenue during the fourth quarter was primarily contributed by data and Internet services.

Singapore

LOWER revenue from equipment sales, among other factors, contributed to a 33.2 per cent drop in StarHub's fourth quarter net profit for the period ended Dec 31, 2016. Net profit for the quarter was S$54 million - down from the S$80.8 million it bagged one year ago. Revenue for...

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