ANNUAL REPORT 2020
TRANSFORMATION ROADMAP
CHAIRMAN'S MESSAGE
IN DISCUSSION WITH STARHUB’S EXECUTIVES
Chief Executive
Finance
Enterprise
Consumer
Network
Customer Experience
Digital
BUSINESS REVIEW
Consumer
Enterprise
SUSTAINABILITY REPORT
STARHUB CARES
TRANSFORMATION ROADMAP
SECTIONS
D.A.R.E. Transformation
IT and Digital Transformation
D.A.R.E. TRANSFORMATION
DELIVERING
Market-Leading
Customer Experiences
First to launch 5G NSA in Singapore with widest nationwide coverage
1
Strong traction for experiential 5G Mobile+ and Biz+ plans
Sustained momentum for transparent 4G Hello Change plans (majority of postpaid subscriber base)
StarHub TV+ marks significant leap forward for Pay TV content delivery transformation
24.5% YoY incremental improvement in NPS
Matured chatbot as
an online touchpoint
to automate customer support with over 80% accuracy
ACCELERATING
Value Creation From
Core Businesses
Ongoing digitalisation and simplification of processes to drive operational efficiencies
11.8% incremental YoY reduction in Opex
More than $210M savings identified; 82% executed
Made further inroads to convert Pay TV content providers to a variable cost model
Greater procurement savings from renegotiation of expiring contracts
Established strategic partnerships with global partners to augment Enterprise network offerings
REALISING
Growth From
New Opportunities
51.4% YoY Cybersecurity revenue growth in FY2020
$33.2M revenue contribution from Strateq following completion of acquisition in July 2020
Pursue strategic partnerships to empower new 5G experiences for consumers
Active trials with enterprise customers, industry and tech partners to develop 5G use cases
Continue to seek growth opportunities through synergistic M&A for greater diversification and to bolster Enterprise capabilities
ENHANCING
Efforts To
Transform Digitally
Approximately 5 times YoY growth in giga! subscriber base; Maintained highest NPS in market
Commenced IT Transformation in 3Q2020, which will form the backbone
to StarHub’s digital strategy
IT & DIGITAL TRANSFORMATION