Singtel TV subscribers down 6,000 in 1Q 2023
Thursday, May 25th, 2023
SINGAPORE — Singtel has announced results for its financial year ended 31 March 2023.
Singapore Consumer
Singapore Consumer’s operating revenue increased 3% as it built on its strong mobile growth momentum. Mobile service revenue rose 11%, mainly from higher roaming, increased 5G adoption and prepaid sales. The 5G customer base has grown to over 760,000 from around 480,000 a year ago. Fixed broadband revenue also grew on the back of higher speed broadband plans. Pay-TV revenue fell but the decline was more than offset by content savings. EBITDA and EBIT rose 13% and 18% respectively due to improved business performance as well as robust cost management.
Second Half Year -------------- YoY -------------- YoY 31 Mar 31 Mar Chge 31 Mar 31 Mar Chge 2023 2022 % 2022 2021 % ------ ------ ------ ------ ------ ------ Singtel TV revenue (S$'M) 74 95 -22.7 153 197 -22.2 Average revenue per residential TV customer per month (S$ per month) 34 39 -13.3 34 40 -14.0 Residential TV customers (000s) 322 356 -9.7 322 356 -9.7
Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 ------- ------- ------- ------- ------- Singtel Residential TV customers (000s) 356 343 333 328 322
Links: Singtel
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