Slight drop in revenue growth seen for telcos


RAM Ratings, in a commentary on the sector, however, said profitability and margins were anticipated to remain flattish among players. It also said data consumption would continue to register strong growth.

PETALING JAYA: The Malaysian mobile industry is projected to experience a mild contraction in revenue growth in 2017, amid aggressive competition and a maturing growth environment.

RAM Ratings, in a commentary on the sector, however, said profitability and margins were anticipated to remain flattish among players.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

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!

Business , Ram , telco , Malaysia , Maxis , Axiata , Celcom , digi , TM ,

   

Next In Business News

Ringgit rises against US dollar as DXY declines
Bandar Malaysia's theme park project cancelled
Trading ideas: Top Glove, LKL International, Kawan Renergy, Edelteq, Catcha Digital, MAHB
Metal markets rush to adjust to clampdown
Apple’s US$1bil outlay may be a fleeting win
MKHOP’s plantation land deals in the pipeline
Google offers to loosen search agreements
Tether sees US$10bil in net profits for 2024
Qualcomm wins key chips trial against Arm
Higher gold prices expected to boost Malaysia’s exports

Others Also Read