Competition is heating up for StarHub

Competition is heating up for StarHub
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SINGAPORE (Nov 3): StarHub reported 3Q17 earnings fell 11.5% to S$76.2 million from S$86.0 million last year.

The group’s revenue was also down marginally by 0.8% to S$580.4 million compared to S$585.3 million the previous year, mainly attributed to lower service revenues from Mobile, Pay TV and Broadband services, as well as lower sales of equipment, partially mitigated by higher revenue from Enterprise Fixed Services.

StarHub has recommended an interim dividend of 4 Singapore cent per share in 3Q17, which came up 20% lower than the interim dividend of 5 Singapore cents per share in the same period last year... (Click here to read the full story.)