StarHub’s Results For The Second Quarter Ended June 2007

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Singapore, 2 August 2007 – StarHub today announced a net profit of S$80.8 million for the quarter ended 30 June 2007, yielding 4.43 cents per share, which is an increase of 27% over a year ago. Group operating revenue was up 10% to S$489.1 million, from S$444.2 million in 2Q-2006.   The Group’s EBITDA increased 13% to S$163.7 million, compared to S$145.2 million Y-o-Y. EBITDA margin as a percentage of service revenue was at 35.3%, 90 basis points higher than last year’s 34.4%. Free cash flow per fully diluted share climbed 91% to 8.90 cents versus 4.67 cents a year ago. Capital expenditures registered S$41.9 million for 2Q-2007.

Apple Unveils New iMac

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CUPERTINO, California—August 7, 2007—Apple® today unveiled an all new all-in-one iMac® line featuring gorgeous 20- and 24-inch widescreen displays encased in elegant and professional aluminum and glass enclosures. The entire new iMac line features the latest Intel Core 2 Duo processors and a new, ultra-thin aluminum Apple Keyboard, built-in iSight® video camera for video conferencing and iLife® ’08, making it the ultimate digital lifestyle desktop computer for both consumers and professionals. The 20-inch iMac now starts at just $1,199, $300 less than the previous 20-inch model, and the 24-inch iMac starts at just $1,799, $200 less than the previous 24-inch model.

“This new iMac is the most incredible desktop computer we’ve ever made,” said Steve Jobs, Apple’s CEO. “Our new design features the innovative use of materials, including professional-grade aluminum and glass, that are highly recyclable.”

Global Telecom Operator Bodies Team To Drive Deployments Of Convergence Services

In case you missed this: August 3, 2007: The Home Gateway Initiative (HGI) and the Fixed Mobile Convergence Alliance (FMCA) have entered a formal cooperation agreement that will see the two leading bodies collaborate towards ensuring widespread availability of fully interoperable home gateways, access points and devices that deliver the best user experience possible. The two industry bodies together represent 36 telecom operators and over 1 billion customers around the world who stand to benefit from the development of Convergence services. With customer needs at the very heart of this relationship, the two organizations will formulate a common message on product interoperability and ease of use requirements, harnessing support from leading vendors as well as standards bodies to further enhance industry alignment and adoption of convergence products and services.