StarHub on its Q1 financial performance;Sustained market competition and the rolloutof 5G;

MONEY FM 89.3
MONEY FM 89.3
 

Let’s talk about telcos today. And we want to focus our attention on mainboard-listed StarHub which had released its Q1 results just about a couple of weeks ago. The company posted a 26 per cent rise in net profits to S$37.5 million for the first quarter ended March. StarHub attributed its Q1’s performance to higher service revenue, which grew 11 per cent year-on-year, despite sustained market competition. But what is the competitive landscape for the telco operator with the rollout of 5G? And how effective has StarHub’s Dare+ transformation strategy to introduce new 5G solutions been in generating sustainable revenue growth and dividend growth? Meanwhile, the company also cited a boost from the consolidation of MyRepublic broadband for its stronger Q1 showing. But how has MyRepublic broadband generated long-term synergies for StarHub, particularly in the areas of cloud gaming and over-the-top content? On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Johan Buse, Chief of Consumer Business Group, StarHub for more. Download the podcast here: https://www.moneyfm893.sg/guest/johan-buse-starhub/ For more, tune in to #DriveTime with Eliott Danker, Timothy Go and Chua Tian Tian every weekday from 4pm-7pm. Tune in to MONEY FM 89.3 via the Awedio app today! Available on the App Store, Google Play and more. -- Connect with Us! Telegram: MONEY FM 89.3 Facebook: MONEY FM 89.3 Instagram: @moneyfm893 Twitter: @moneyfm903 LinkedIn: MONEY FM 89.3 -- Contact us: MONEY FM 89.3 Headquarters: +65 6319 1900 Live Studio: +65 6691 1893 SMS/WhatsApp MONEY FM 89.3: +65 8855 0893 Mailing Address: SPH Radio Pte Ltd 1000 Toa Payoh North News Centre Singapore, Singapore: 318994
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