StarHub second quarter sees net profit drop over a third

StarHub's enterprise business was the only division of the Singaporean telco to head in a positive revenue direction for the second quarter to June 30, gaining a 15% increase to register SG$140 million. Releasing its results on Tuesday, StarHub disclosed a 10% drop in mobile services for the second quarter, an almost 25% drop in Pay TV revenue year-on-year from SG$85 million to SG$65 million, a 2% drop in broadband services, and a 15% drop in equipment sales. Overall, this gave StarHub revenue of SG$553 million for the second quarter, a decrease of SG$44.5 million from this time last year.