News: Published on May 10, 2013 StarHub posts 3% growth in Q1 net profit to $91m By Irene Tham Technology Correspondent STARHUB yesterday reported a 3 per cent growth in net profit to $91 million in its first quarter. But its revenue for the three months to March 31 declined 2 per cent to $580 million. Despite the drop in customer numbers, pay TV revenue dipped only 1 per cent to $95 million, buoyed by higher subscription revenue. The average revenue per user (ARPU) rose $1 to $52 per month during the quarter. "I think we are managing the (average monthly) churn well at 1.2 per cent," newly installed chief executive Tan Tong Hai said. The company hopes a deal to show top-flight English football will help stem an erosion in its Pay TV subscribers that has now occurred for five consecutive quarters. The telco said that it lost ......