Tuesday, 17 June 2025
25.8 C
Singapore
28.5 C
Thailand
20.1 C
Indonesia
28.6 C
Philippines

StarHub ranks among Southeast Asia’s largest companies for second year

StarHub ranks 187th on the 2025 Fortune Southeast Asia 500, with strong enterprise growth and continued focus on digital innovation.

StarHub has been ranked 187th on the 2025 Fortune Southeast Asia 500 list, marking its second consecutive appearance on the annual index of the region’s largest companies by revenue. The recognition comes as the company celebrates its 25th anniversary in Singapore, highlighting consistent performance and regional expansion.

The list, compiled by Fortune, features the top 500 companies in Southeast Asia based on total revenue. StarHub climbed into the rankings for the first time in 2024 at 184th place and maintains its position this year with sustained financial results and a growing presence in regional markets.

Revenue growth led by enterprise segment

In its latest financial year, StarHub reported US$2.4 billion in total revenue, reflecting a 1.4% increase compared to the previous year. Net profit rose by 7.7% to US$161.7 million. Growth was largely driven by the Enterprise segment, which saw revenue rise 14.1% year-on-year. This growth comes as StarHub continues expanding its services across the region to meet evolving business needs.

The Consumer segment also remained stable, with growth in mobile services and continued leadership in broadband and entertainment offerings. The company’s multi-pronged strategy has enabled it to balance consumer retention with enterprise gains, contributing to overall business resilience.

Focused on innovation and long-term value

As part of its forward strategy, StarHub aims to strengthen its core services in mobile, broadband and entertainment, while also investing in its regional Enterprise Business and Modern Digital Infrastructure Platform, powered by its Cloud Infinity solution. This direction is aligned with its goal to provide simple and reliable technology that delivers real-world impact for customers.

Marking its 25th anniversary in 2025, StarHub reiterated its focus on customer value, sustainable growth, and long-term partnerships. A company spokesperson stated, “As it marks its 25th year, StarHub remains focused on what matters — building trusted relationships, delivering everyday value, and making it count for customers, communities, and partners.”

The company’s consistent performance and future-oriented initiatives reflect its commitment to strengthening its market position in Singapore and beyond.

Hot this week

Anker recalls over 1.1 million power banks due to fire risk: Check if yours is one of them

Anker is recalling over 1.1 million PowerCore power banks due to fire risks. Check your model number and serial number to stay safe.

ASUS launches Gaming V16 laptop in Singapore

ASUS introduces the Gaming V16 laptop in Singapore, featuring Intel Core 7 CPU, RTX 50 series GPU, and a 144Hz 16-inch display.

Nintendo’s Switch 2 becomes fastest-selling game console in history

Nintendo’s Switch 2 became the fastest-selling game console in history, with over 3.5 million units sold in just four days.

DreamWorks Animation deepens partnership with Lenovo to support next-gen productions

DreamWorks Animation expands its partnership with Lenovo to support advanced creative workflows and scale up production with intelligent infrastructure.

Nubia introduces Pad Pro to shake up Android tablet market with low price and high specs

Nubia Pad Pro launches globally with powerful specs, a sleek design, and a low starting price of US$419, rivalling big-name Android tablets.

Garmin unveils Venu X1 smartwatch with 2-inch display and sleek ultrathin design

Garmin introduces the Venu X1 smartwatch in Singapore with a 2-inch AMOLED display, built-in flashlight, and up to 8 days of battery life.

EDGNEX to build US$2.3 billion AI data centre in Jakarta

EDGNEX announces US$2.3 billion AI-focused data centre in Jakarta, its second project in Indonesia and part of a larger Southeast Asia expansion.

HPE unveils next-generation Nonstop Compute solutions for mission-critical workloads

HPE launches NS5 X5 and NS9 X5 Nonstop Compute systems with more memory and performance for mission-critical enterprise operations.

Instagram users voice frustration over sudden account bans, suspect AI is behind the issue

Instagram users report sudden bans and no replies to appeals, and they suspect AI is wrongly flagging accounts as Meta stays silent.

Related Articles

Popular Categories