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DiGi Strengthens Foothold in Mobile Internet |
www.digi.com.my
Malaysian operator DiGi has experienced solid growth in mobile data
revenues boosted by increased take-up of mobile data bundles. DiGi has
4.2 million mobile internet users out of a total user base of 8.8
million. The operator expects to continue to address the rising demand
for mobile broadband services by prioritising network investments to
expand its 3G/HSPA coverage from the current nationwide level of 50%.
DiGi.Com Berhad (DiGi) recorded solid growth momentum from data
revenue precipitated by attractive mobile broadband offerings and
higher take-up of smart-phone bundles, the company said when announcing
its year-end financial results today.
Henrik Clausen, Chief Executive Officer of DiGi explained, "We tapped
on the rapid increase in demand for quality internet access we saw in
Malaysia during the year while at the same time continue to make inroads
into previously underserved markets.
"We anticipated the needs of our customers well by making access to
smart phones easier and affordable with applications that are relevant
to our customer base. This stimulated increased usage from the larger
subscriber base of 8.8 million, which in turn improved overall revenue
contributions of data services.
"Today, we have 4.2 million internet users and we foresee demand for
internet trending up from both existing and new customers."
On the outlook for 2011, DiGi will continue to actively address the
rising demand for quality data services in Malaysia. Clausen said, "We
will prioritise network investments which include growing our 3G/HSPA
coverage from the current 50% nationwide to accelerate our reach, and
to cater for higher speed capacity, reliability and quality of service.
CAPEX will be in line with 2010 to support this."
Announcing its financial results for the year ended 31 December 2010,
DiGi recorded data revenue growth of more than 20% year-on-year to
RM1.2 billion. DiGi's total revenue surpassed RM5.4 billion, 10% higher
than RM4.9 billion achieved in the preceding financial year.
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