StarHub's Pay TV lost a whopping 9,000 customers in 2012

Profit margin on service revenue to slip to 31%.

According to OCBC, StarHub competes in a tough environment and management expects EBITDA margin on service revenue to dip to 31% in FY13 from 32.3% last year.

This is likely due to the need for more content spending in Pay TV which lost ~9k customers in 2012.

"Capex is also guided to a higher 13% of operating revenue in FY13 versus 11% in FY12 and will include the payment for leasehold land, construction of its cable TV network transmission centre and expenditure on LTE," OCBC said.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.