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StarHub Q3 profit rises 27% to $96.2 million

Published on Nov 2, 2012 6:13 PM
 
A woman talks on her mobile phone as she walks past the logo of StarHub outside a retail outlet in Singapore, on Friday, Feb 3, 2012. Singapore's second largest telco StarHub reported that its net profit rose 27 per cent to $96.2 million for the third quarter of this year. -- PHOTO: BLOOMBERG

Singapore's second largest telco StarHub reported that its net profit rose 27 per cent to $96.2 million for the third quarter of this year.

This was due to higher revenue from fixed network, pay-TV and broadband services, and higher mobile device sales.

For the quarter, operating revenue rose 2 per cent year-on-year to $585.9 million compared to $572.2 million in the same period last year.

Cash capital expenditure was at $59.6 million for the quarter or 29 per cent higher year on year.