+ High margin broadband growth. Broadband continues to grow strongly led by higher subscriber growth and improvement in ARPU. Monthly subscribers expanded by 9k to 307k as marketing efforts together with wireless operators continue to gain traction. ARPU has risen 4% YoY to TWD379 (S$16.72) with more subscribers opting for higher speeds.
– Rising broadcast and content costs. Despite the 10% decline in basic cable TV revenue to S$51.9mn, content cost was stable at S$14.2mn. As a percentage of revenue, content cost in this quarter is a record 30.4% (excluding non-subscription revenue) of cable TV revenue.