StarHub Ltd
SGX:CC3

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StarHub Ltd
SGX:CC3
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Price: 1.14 SGD Market Closed
Market Cap: 2B SGD

StarHub Ltd
Investor Relations

In the heart of Singapore’s dynamic telecommunications landscape, StarHub Ltd. has carved a niche as a prominent provider, weaving an intricate web of connectivity that spans mobile, entertainment, and digital services. Founded in 1998, StarHub began its journey offering mobile telephony and grew rapidly amidst Singapore's tech-savvy populace, positioning itself as a major player alongside state-owned Singtel and others. The company’s business model is a multi-faceted one, primarily driven by its Mobile, Pay TV, and Broadband segments. The mobile services sector serves as a cornerstone, generating substantial revenue through subscriptions and data packages that cater to the increasing demand for seamless digital communication. As customers seek faster, more reliable connections, StarHub has taken strides to roll out 4G and 5G services, keeping pace with consumer expectations and technological advancements.

Beyond telecommunications, StarHub taps into the evolving desires of digital consumers with its pay television and over-the-top content services, offering a diverse array of channels and streaming options through its StarHub TV+ platform. This venture not only complements the consumer's mobile and broadband needs but also strengthens customer loyalty by bundling services into attractive packages. Meanwhile, StarHub’s enterprise arm provides data center services, cybersecurity solutions, and IoT capabilities, catering to both SMEs and large corporations seeking digital transformation. These business solutions not only broaden StarHub's revenue streams but also cement its position as an integral part of Singapore's digital ecosystem, showing agility in adapting to changing market dynamics and customer preferences. Through strategic partnerships and innovations, StarHub continues to expand its horizons in an ever-competitive telecommunications landscape.

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CC3
FTSE Straits Times Singapore
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Last Earnings Call
Fiscal Period
Q2 2025
Call Date
Aug 14, 2025
AI Summary
Q2 2025

EBITDA Guidance Cut: StarHub lowered its 2025 EBITDA guidance to 88–92% of 2024 (adjusted), citing a deliberate aggressive stance to defend market share amid ongoing sector competition and integration delays.

Service Revenue Growth: Service revenue rose 3% year-on-year, with regional enterprise business up 7% and cybersecurity revenue surging 20%, though profitability in cyber remains limited.

Consumer Market Challenge: Intense competition, especially around mobile and roaming, led to a 3.9% decline in consumer revenue, despite broadband growth and strong market share.

Cost Optimization Expansion: Management is multiplying cost reduction efforts, targeting 3–4x the original DARE+ plan through automation, IT re-architecture, and business simplification, to be delivered over 24 months.

MyRepublic Acquisition: StarHub acquired 100% of MyRepublic Broadband to strengthen its #1 broadband market position and broaden customer offerings.

Strong Balance Sheet: The company maintained a healthy cash balance and refinancing at attractive rates, supporting ongoing investments, M&A, and dividends.

Dividend Reaffirmed: Interim dividend declared at $0.03 per share, with full-year outlook of at least $0.06 per share unchanged.

Key Financials
Consumer Revenue
$502 million
Net Profit Attributable to Shareholders
$47.9 million
Net Profit (excluding nonrecurring item)
$62 million
Earnings Per Share
$0.026
Earnings Per Share (excluding nonrecurring item)
$0.034
Operating Cash Flow
$117 million
Free Cash Flow (excluding spectrum payment)
$16 million
Free Cash Flow (including spectrum payment)
-$172 million
Cash Balance
$487 million
Net Debt-to-EBITDA Ratio
1.92x
Interest Coverage
10.5x
EBITDA Guidance (2025)
88–92% of 2024 EBITDA (adjusted for nonrecurring items)
Dividend (Interim)
$0.03 per share
Dividend (Full-Year Outlook)
At least $0.06 per share
Other Earnings Calls

Management

Mr. Nikhil Oommen Jacob Eapen
CEO & Executive Director
No Bio Available
Mr. Wei-Jye Lo CPA
Chief Financial Officer
No Bio Available
Ms. Amelia Lee
Head of Investor Relations
No Bio Available
Ms. Cassie Fong
Assistant Vice President of Corporate Communications
No Bio Available
Mr. Tim Goodchild
Head of Government & Strategic Affairs
No Bio Available
Mr. Choon Hwee Chia
Advisor to the Chief Executive Officer
No Bio Available
Mr. Johan Hendrik Martinus Buse
Chief of Consumer Business Group
No Bio Available
Mr. Kit Yong Tan
Head of Enterprise Business Group
No Bio Available
Mr. Ayush Sharma
Chief Technology Officer - Transformation & Product
No Bio Available
Mr. Adam Seyer
Head of Information Technology
No Bio Available

Contacts

Address
67 Ubi Avenue 1, #05-01 StarHub Green
Contacts
+6568255000.0
www.starhub.com