Malaysia-based CelcomDigi highlighted it made more than MYR300 million ($62.5 million) in cost savings in 2023, completing 35 per cent of a network integration and modernisation target 14 months after a merger.
The operator forecast low-single-digit growth in service revenue this year.
CEO Idham Nawawi said the company made significant progress integrating many business areas “with minimal disruption to customer experience” in 2023.
“We began 2024 with good growth momentum and are optimistic that we will further unlock synergies and benefits envisioned from the merger.”
By end 2023 it had modernised 5,600 sites and recorded an improvement in download data rates in areas where infrastructure was consolidated of between 20 per cent and 26 per cent.
CelcomDigi estimated integration costs in 2023 at about MYR200 million and predicts network related savings from the merger over the next three years will total about MYR5.5 billion.
Full-year capex was up 6.1 per cent to MRY1.8 billion.
Net profit in Q4 2023 dropped 13.4 per cent year-on-year to MYR439 million, with revenue flat at MRY3.3 billion and the service figure likewise at MYR2.7 billion.
Post-paid subscribers rose 3.9 per cent to 6.9 million and prepaid 1.3 per cent to 13.5 million: ARPU fell 8.6 per cent to MYR66 and 3.4 per cent to MYR28, respectively.
The post CelcomDigi hails integration progress appeared first on Mobile World Live.
Commercials Cooperation Advertisements:
(1) IT Teacher IT Freelance
立刻註冊及報名電腦補習課程吧!
电子计算机 -教育 -IT 電腦班” ( IT電腦補習 ) 提供一個方便的电子计算机 教育平台, 為大家配對信息技术, 電腦 老師, IT freelance 和 programming expert. 讓大家方便地就能找到合適的電腦補習, 電腦班, 家教, 私人老師.
We are a education and information platform which you can find a IT private tutorial teacher or freelance.
Also we provide different information about information technology, Computer, programming, mobile, Android, apple, game, movie, anime, animation…
(2) ITSec
www.ITSeceu.uk
Secure Your Computers from Cyber Threats and mitigate risks with professional services to defend Hackers.
ITSec provide IT Security and Compliance Services, including IT Compliance Services, Risk Assessment, IT Audit, Security Assessment and Audit, ISO 27001 Consulting and Certification, GDPR Compliance Services, Privacy Impact Assessment (PIA), Penetration test, Ethical Hacking, Vulnerabilities scan, IT Consulting, Data Privacy Consulting, Data Protection Services, Information Security Consulting, Cyber Security Consulting, Network Security Audit, Security Awareness Training.
Contact us right away.
Email (Prefer using email to contact us):
SalesExecutive@ITSec.vip