You are here

SUBSCRIBERS

StarHub rosy on 5G launch, despite virus hit to Q3 earnings

Telco's hunt for new chief executive is expected to wrap up by early 2021

BT_20201107_ABSTARHUB7_4317234.jpg
Service earnings before interest, taxes, depreciation, and amortisation margin will likely be weaker in Q4 than in Q3, StarHub says, citing continued pressure on revenue, and a seasonal year-end rise in operating expenses.

Singapore

STARHUB is on track to have a new chief executive by early next year, according to a business update on Friday evening, even as the mainboard-listed telco turned in another quarter of double-digit profit declines.

Management blamed the Covid-19 pandemic, which has shut...

BT is now on Telegram!

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