0
Wireless

StarHub's Q1 service revenue drops nearly 9% on COVID-19 impact

Thursday 7 May 2020 | 10:41 CET | News
Singapore operator StarHub reported a 15.2 percent year-on-year decline in total revenue to SGD 506.2 million for the first quarter of 2020. The decline was mainly due to on COVID-19 impact, the company said. Net profit plunged 25.7 percent to SGD 40.2 million in the first three months of this year. Service revenue fell 8.9 percent year-on-year to SGD 404.9 million as a result of lower revenues from the mobile, broadband and pay-TV business.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: M1
Countries: Singapore
::: add a comment
This article is part of dossier

5G

,

Coronavirus


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

StarHub's Q2 service revenue drops 15% on COVID-19 impact, profit also declines

Published 07 Aug 2020 08:44 CET | Singapore
Singapore operator StarHub posted a net profit of SGD 37.3 million for the second quarter of 2020, which represents a decline of ...

StarHub unveils family entertainment TV content line-up

Published 15 Jul 2020 10:35 CET | Singapore
StarHub has introduced its line-up of family content, which includes TV series, cartoons to educational programmes. The StarHub ...

StarHub releases new senior-friendly mobile plans

Published 29 Jun 2020 10:36 CET | Singapore
Singapore's StarHub launched four mobile plans from as low as SGD 8 monthly, in support of Singapore's Seniors Go Digital ...

Silver Peak, StarHub team up to provide connectivity to enterprises across Asia

Published 11 Jun 2020 11:10 CET | Asia
Silver Peak has entered a new partnership with homegrown Singapore info-communications service provider StarHub to meet the ...

Singapore launches digitalisation project to recover from COVID-19 crisis

Published 08 Jun 2020 10:25 CET | Singapore
Singapore's Infocomm Media Development Authority (IMDA), with the support of other government agencies, has introduced a ...

StarHub extends StarHub Go free preview until 4 May

Published 09 Apr 2020 10:22 CET | Singapore
Singapore operator StarHub has extended its StarHub Go free preview until 4 May, to provide customers with more entertainment ...

StarHub to sell stake in D'Crypt to Temasek

Published 09 Aug 2019 07:19 CET | Singapore
Temasek has agreed to acquire D'Crypt from StarHub and D'Crypt's founding shareholders Antony Ng, Chew Hwee Boon, and Pang Liang ...

StarHub supports govt's two independent 5G networks proposal

Published 16 Jul 2019 07:50 CET | Singapore
Singapore mobile operator StarHub has announced it supports Infocomm Media Development Authority (IMDA)'s Call-for-Proposal ...

StarHub brings 9.7-inch iPad with Apple Pencil support to Singapore

Published 03 Apr 2018 11:33 CET | Singapore
Singapore operators StarHub has launched the new 9.7-inch iPad, featuring support for Apple Pencil, on the local market. ...

StarHub's Q4 revenue grows 2%, EBITDA declines

Published 14 Feb 2018 21:17 CET | Singapore
Singapore operator StarHub posted total revenue of SGD 649 million for the quarter ended 31 December 2017, which represents an ...

StarHub to acquire D'Crypt for SGD 122 million

Published 15 Dec 2017 13:39 CET | Singapore
Singapore operator StarHub has expanded its enterprise services offering by entering into an agreement to acquire D'Crypt for a ...





Calendar   /   Industry Events

20 Apr Grameenphone Q1 2021
20 Apr Netflix Q1 2021
20 Apr Atos Q1 2021
20 Apr Iridium Communications Q1 2021
20 Apr Apple 'Spring Loaded' event
21 Apr HKBN H1 results
21 Apr Crown Castle Q1 2021
21 Apr Netgear Q1 2021
21 Apr Elisa Q1 2021
21 Apr Orange Belgium Q1 2021
21 Apr Verizon Q1 2021
21 Apr Rogers Communications Q1 2021
21 Apr Comcast Q1 2021
21 Apr Ericsson Q1 2021
21 Apr Vivendi Q1 2021
21 Apr Proximus AGM
22 Apr Tele2 Q1 2021
22 Apr AT&T Q1 2021
22 Apr Orange Q1 2021
22 Apr VeriSign Q1 2021
22 Apr Snap Q1 2021
22 Apr Nordic Entertainment (NENT) Q1
22 Apr Intel Q1 2021
22 Apr FCC meeting
23 Apr Telia Q1 2021
25 Apr Vodafone Qatar Q1
26 Apr SBA Communications Q1 2021
::: More Calendar Items