Malaysia's mobile telcos need to be more innovative in a saturated market


Free package: Celcom may be seen as keeping up with rival Maxis Bhd, which last year had begun offering free voice and SMS for its Maxis OnePlan users

KUALA LUMPUR: As revenues stop growing in a saturated market, mobile telecommunication providers or telcos will need to package their products innovatively, as well as, get new stream of income to sustain business.

IDC Market Research (M) Sdn Bhd Senior Research Manager for Asean Telecommunications Alfie Amir said total mobile revenue began to decline in 2014 at 1% year-on-year, from RM24.3bil to RM23.9bil.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Asian stocks waver, rattled by South Korean political tremors
Perodua set to produce 500 units of eMO-II monthly, aims for cheapest EV
Malaysian investors keeping close watch on South Korea's political uncertainty - analyst
Oil prices edge up on geopolitical tensions, Opec+ supply plans
Teleport projects record RM1bil revenue in 2024, achieving 50% growth
KLIA tops global airport rankings for service quality
KLCI rises for second day, glove stocks rally
Asia Digital Engineering eyes US market with FAA approval in sight - CEO Mahesh
China's services activity expansion eases in Nov, Caixin PMI shows
Australia's Q3 GDP growth disappoints hopes for a rebound

Others Also Read