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StarHub Q3 profit up 7.1%
Tue, Nov 10, 2009
The Straits Times

By Chua Hian Hou

STARHUB on Tuesday posted a net profit of $85.2 million, or 7.1 per cent rise, for its third quarter to Sept 30, on the back of a 2.4 per cent increase in revenues to $537.1 million.

Said Singapore's second biggest telco's outgoing chief executive, Mr Terry Clontz: 'It has been a good quarter performance despite the challenging environment.

'Although recent news about Barclay's Premier League (BPL) has created some concerns about StarHub's plans, we intend to continue delivering the widest selection of branded quality content to consumers well into the future. For our customers, we reaffirm our commitment to continue bringing more value and convenience through new innovative services that we are known for, particularly through Hubbing initiatives.'


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