Is the worst over for StarHub’s broadband?

The telco’s broadband business has seen better days.

Broadband is one of the main cornerstones of the telco’s business, and as it has dwindled for the past quarters, StarHub is itching for the sector to revert to its former glory.

According to analysts from UOB Kay Hian, StarHub’s broadband woes seem to be finally over as it added 3,000 residential broadband subscribers in 3Q.

“ARPU for broadband has also improved by S$1 qoq to S$34 as customers migrated to higher speed plans. This is the third quarter of sequential revenue growth for residential broadband,” UOB Kay Hian said.

Meanwhile, StarHub has also maintained growth momentum in post-paid mobile, growing by 3.5%, but earnings from prepaid contracted by 17.7%.

“StarHub added 7,000 post-paid subscribers and post-paid ARPU increased by S$1 qoq to S$71. The pre-paid subscriber base contracted 7.8% yoy due to the new regulation that limits the number of SIM cards registered under each individual from previous 10 to the current three,” UOB Kay Hian said.

Also Read

Singapore emerges as world’s 2nd most expensive data centre market

SIAS urges NeraTel shareholders to reject Ennoconn Corp's mandatory offer

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit