To retain the mobile users and attract the  broadband internet customers the cost of marketing was increased in result to this second quarter net profit drops 21% said StarHub (Singapore’s second largest telecom operator). Comparing the group’s net income from last year it fell from SGD80.8 million to SGD64.2 million as reported by analysts. StarHub said quarterly revenue rose 8.6% year-on-year from SGD489.1 million to SGD531.4 million. Chief Executive Officer Terry Clontz said, ‘The slow-growing pay-TV segment is seeing competition from SingTel’s recent [IPTV] offer.’ StarHub reports mobile phone services revenue raised 6.5% year-on-year  It ended June with 1.8 million mobile users, up 10% on the previous quarter.

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