StarHub's first-half net profit plunges over 40% as 'eroding prices challenge industry stability'

Singapore telco StarHub's net profit for the first half of 2025 plunged over 40% on-year to S$47.9 million, after a one-off payment to return certain spectrum rights. CEO Nikhil Eapen said "eroding prices" are challenging industry stability, and it is leaning into broadband, regional enterprise and cybersecurity services — segments that helped lift total revenue by 2.2%. Nicolas Ng reports.