Telco earnings on uptrend


Kenanga Research said the three big mobile network operators (MNOs), namely Celcom Axiata Bhd, Digi.Com Bhd and Maxis Bhd, seemed to be regaining some prepaid and postpaid market shares from the other smaller MNOs and mobile virtual network operators

PETALING JAYA: Earnings of telecommunication companies (telcos) are expected to be stronger in the fourth quarter since movement restrictions have been relaxed.

Demand for telco services will likely continue to grow and so will competition, which is expected to become more intense as players slug it out with promotional activities while keeping a lid on cost so that their average revenue per user (Arpu) remains stable.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

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!

Celcom , Digi , Maxis , Telekom , earnings , competition ,

   

Next In Business News

TMK Chemical poised for 4Q24 listing
Microlink wins RM84mil ministry job
T7 Global gets drilling jack-up rig
KKB secures contracts worth RM93mil
Bank of England cuts rates but sees higher inflation after Reeves' budget
Tengku Zafrul: Malaysia secures potential exports to China worth RM3.2bil
Malaysia ready for new investment era with clear economic vision - MoF
Microlink wins RM83.5mil project from Home Affairs Ministry
Ringgit marginally lower against US dollar at the close
TWL Holdings secures RM42.5mil banking facility from UOB Malaysia

Others Also Read