StarHub posts 10% hike in profit

Singapore-based broadband operator StarHub has reported a 10% year-on-year increase in net profit to SGD151 million (USD99.4 million) for the first half of 2007, although its 2Q earnings grew at a slower pace of 7% to SGD81 million. Broadband internet revenues rose 16% year-on-year to SGD62 million, with cable TV sales flat despite a customer base which grew to 496,000 households.