StarHub pay TV subscribers down 4,000 in 1Q 2013
Thursday, May 9th, 2013SINGAPORE — StarHub Ltd today announced its results for the quarter ended 31 March 2013.
Pay TV revenue decreased 1% to S$95 million. The lower revenue was a result of lower advertising revenue which was partly mitigated by higher subscription revenue from both commercial and residential customers. Customer base decreased by 13,000 YoY to 532,000 households and the churn rate was at 1.2%. YoY, there was a S$1 Pay TV ARPU increase to S$52.
Pay TV operating statistics:
Quarter ended ---------------------- 31 Mar 31 Dec 31 Mar 2013 2012 2012 ------ ------ ------ Number of residential Pay TV customers (in thousands) 532 536 544 ARPU (S$ per month) 52 51 51 Average monthly churn rate 1.2% 1.3% 1.1% StarHub's penetration 43.1% 43.6% 44.8%
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