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Longstanding dividend policy at risk as StarHub continues to fall

Jude Chan
Jude Chan11/3/2016 04:06 PM GMT+08  • 2 min read
Longstanding dividend policy at risk as StarHub continues to fall
SINGAPORE (Nov 3): The lights are dimming on StarHub.
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SINGAPORE (Nov 3): The lights are dimming on StarHub.

The telecommunications service operator saw earnings fall 27.6% y-o-y to $86 million in 3Q16 as revenue slipped 3% to $585.3 million, mainly due to lower revenue from mobile services and sale of equipment, and a decline in non-operating income.

Except for broadband services, which saw a 7.1% increase in revenue to $54.7 million, revenue contributions fell across the board for all of StarHub’s business segments.

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