eat.sleep.breathe:mobile

SingTel, StarHub Post Strong Q3 Earnings

Posted by: pH-7 on: November 12, 2009

Despite tough economic environment, the two operators recorded strong Q3 earnings growth in Q3.  SingTel boosted its net profit 19% to SGD 952 million  while StarHub’s net profit grew 7.1% to SGD 85.2  million.

SingTel’s mobile revenue in Singapore grew 7.9% to SGD 384 million.  30,000 new postpaid subscribers added in Q3, bringing its regional mobile subscriber base to 273 million.

StarHub increased its mobile subscriber base 8.1% to 1.85 million, its mobile revenue grew 4.7% to SGD 276.8 million.

Read full report here.

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