StarHub to drive growth through bundled services, digitalisation of operations

Yong Jun Yuan

Published Mon, Nov 22, 2021 · 12:57 PM

A SHIFT towards "Infinity Play" products and the digitalisation of its operations are expected to drive StarHub's CC3 : CC3 0%cost savings and gross profit growth in the coming years, the telco's management said at a briefing on Monday (Nov 22). (see amendment note)

On its Investor Day 2021 call, StarHub unveiled Dare+, the next stage in its transformation programme which began in 2018 to optimise costs, that is expected to save the company S$280 million and generate an additional S$220 million in gross profit cumulatively between FY2022 and FY2026.

StarHub chief financial officer Dennis Chia noted that with the Dare+ initiative, the company expects to grow its dividends over the next few years. The telco has committed t…