StarHub adds 4k pay TV subscribers in 4Q09Thursday, February 4th, 2010
SINGAPORE — StarHub (Singapore: CC3) has reported 2009 fourth quarter and full year results.
As at 31 December 2009, Pay TV subscriber base totaled 539K, a net addition of 4K for the quarter and 15K for the full year period. Compared to a year ago, Pay TV subscriber base grew 3%.
Pay TV ARPU for the quarter and full year periods was at S$56. This was S$1 lower when compared to S$57 last year. The lower ARPU year-on-year was due to higher discounts to drive take up in 2009.
Against 4Q08, this quarter’s Pay TV average monthly churn was at the same level at 1.0%. For the full year period, Pay TV average monthly churn increased from 0.9% in 2008 to 1.0% in 2009.
For the full year, revenue from sales of equipment was S$92.6 million. This was 5% lower when compared to 2008 which included retail sales revenue for Hubstation and HDTV set-top boxes. The retail sales of these set-top boxes were discontinued since August last year and are now available on a rental basis.
Pay TV (‘000):
4Q-2008 1Q-2009 2Q-2009 3Q-2009 4Q-2009 ------- ------- ------- ------- ------- Customers 524 527 530 535 539 Digital 504 517 528 535 539
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