Singapore’s second largest telecoms operator by subscribers StarHub has reported an 11% year-on-year rise in net profits to SGD87 million (USD69.9 million) for the three months ending 30 June 2012, fuelled by increased revenue returns across all of its business divisions. The telco booked quarterly revenue of SGD591 million in the period under review, up 4% year-on-year, with sales derived from mobile services – the group’s single largest contributor – up 1% y-o-y at SGD306.2 million. StarHub added a net 1,100 customers to its post-paid user base in the second quarter, and also noted that sales of Android-based smartphones continues to improve.
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OVETEL StarHub second-quarter net profit climbs 11%
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