StarHub has announced a total revenue of $1.1 billion for the first half of 2025, marking a 2.2% increase compared to the same period last year. The growth was primarily driven by a 4.4% rise in broadband, a 6.8% increase in regional enterprise, and a significant 20.1% surge in cybersecurity services. The company also declared an interim dividend of 3.0 pence per ordinary share.
The company’s Chief Executive, Nikhil Eapen, highlighted the strategic moves that have bolstered StarHub’s market position. “We drove our industry-leading market position in Broadband by upgrading our customers to UltraSpeed plans,” he stated. The full acquisition of MyRepublic Broadband has further consolidated StarHub’s leadership in the broadband segment, enhancing its multi-brand, multi-segment strategy.
StarHub’s enterprise business saw a robust performance, with regional enterprise revenue reaching $296.1 million, driven by a 12.8% growth in managed services. The cybersecurity segment’s growth reflects the increasing demand for advanced solutions amidst a complex cyber threat landscape.
Looking ahead, StarHub plans to maintain competitive agility by adopting a more aggressive commercial stance in the second half of 2025. The company has revised its EBITDA outlook to achieve 88% to 92% of the FY2024 EBITDA, excluding certain non-recurring provisions. StarHub remains committed to enhancing shareholder returns, supported by a $50 million share buyback programme and a healthy balance sheet with cash reserves of $487.1 million.
As StarHub continues to invest in cybersecurity and digital infrastructure, it aims to strengthen its position as a trusted technology partner for government and enterprise clients, contributing to national cyber resilience efforts.
“`
