Singtel TV subscribers down 4,000 in 2Q 2021

Thursday, August 12th, 2021 
Singtel logo

SINGAPORE — Singtel reported its business update for the first quarter ended 30 June 2021.

Pay TV

Singtel finished the quarter with 371,000 pay TV subscribers, down 4,000 versus the end of the previous quarter, and down 9,000 year-on-year.

                                               Quarter
                                ------  ------  ------   YOY
                                30 Jun  31 Mar  30 Jun  Chge
                                  2021    2021    2020     %
                                ------  ------  ------  ----
Singtel TV revenue (S$'M)           51      51      52  -1.0
Residential TV customers (000s)    371     375     380  -2.2

Amobee

Amobee registered a robust 56% growth in operating revenue this quarter due to increased advertising spend and TV demand in contrast to the first quarter last year when customers cut back significantly on advertising spend as a result of the pandemic. Consequently, EBITDA improved from negative S$12 million to positive S$5 million this quarter.