StarHub pay TV subscribers down 4,000 in 1Q 2013

Thursday, May 9th, 2013
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SINGAPORE — 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%