StarHub reported a 25.9% increase in earnings to $92.8 million for 1 QFY2016.
For the quarter ended March, revenue fell 4.4% to $590.9 million, due in part to the $28.9 million decrease in revenue from the sale of equipment.
Service revenue rose by $1.9 million, driven by the broadband and enterprise fixed businesses. This was offset by the decrease in sales revenue from the mobile and pay television businesses.
Mobile service revenue fell 2.4% on lower post-paid and pre-paid revenue, while pay TV service revenue decreased 1.2% to S$94.9 million from a lower subscriber base.
Broadband service revenue grew 11.3% driven by the higher take-up of higher speed plans, which led to a $3 increase in average revenue per user. Enterprise fixed service revenue rose 5.4% due to the data & internet services.
Operating expenses decreased by $48.8 million on the back of lower cost ......