Under the Radar: StarHub on its Q1 financial performance; Sustained market competition and the rollout of 5G; Effectiveness of Dare+ transformation strategy in generating revenue and dividend growth; Consolidation of MyRepublic Broadband; Consolidation of Infinity Play products

Your Way Home with Hongbin Jeong · May 30, 2023 · 19m

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…