The results highlight the challenge facing StarHub as it pivots toward digital infrastructure and cybersecurity while still battling fierce price competition in its core consumer market. Service revenue slipped 1.3% to $2 billion, with mobile down 7.7%, entertainment 7.1% and broadband largely flat.
Operating profits as a guide to StarHub’s FY2025 earnings showed how hard it is to reshape a legacy telco while core businesses are still shrinking, even as enterprise services begin to show promise.
Net profit attributable to shareholders fell 46% to $86.4 million in 2025 after a $14.1 million payment to return a 700MHz spectrum block and heavier depreciation from earlier spectrum purchases. Excluding one-offs, adjusted earnings of $100.5 million were 29% lower than a year earlier.
