This chart shows the drastic fall in StarHub's payTV subscribers
It lost 11,000 subscribers in Q1.
If there's one proof that can show how drastic the fall in StarHub's payTV subscriber is, it would be this chart from OCBC Investment Research.
According to the brokerage firm, StarHub's outlook remains weak as the pressure from over-the-top (OTT) services and piracy on Pay TV are expected to persist.
For the past quarter, StarHub lost 11,000 payTV subscribers, bringing down the total subscriber count to only about 485,000.
However, average revenue per user remained static at around $51.