6 key takeaways from Digi’s Q1 results you may have missed: Page 5 of 6
By Goh Thean Eu April 26, 2016
5) Is its data business slowing down?
While some of the previous numbers may look rosy, there is a small concern.
Digi reported a marginal decline in its data revenue from RM696 million in Q4 2015, to RM694 million in Q1 2016.
Does this mean that its data revenue growth has hit its peak and that growth is expected to remain flattish in coming years?
You see, Digi bundles its Internet, text messaging and value-added service revenues under the ‘data revenue’ banner.
At a time when SMS or text messaging is becoming extinct, it is no surprise that its messaging revenue declined by RM2 million to RM117 million in the first quarter.
Next Page: An all-time low!