Telkom Indonesia recorded a 13.8% increase in total revenue to Rp86.2 trillion (US$6.6 billion) versus Rp75.76 trillion (US$5.8 billion) in the same period last year, thanks to its data and digital business segments.
In Pt 2 of his conversation with Karamjit Singh, Maxis CEO Morten Lundal talks about the challenge the next group of telco CEOs will face.
It may have looked that there was nothing to celebrate about Maxis’ numbers, but a closer look throws up a surprise or two, writes Goh Thean Eu.
Ooredoo Group, which holds a 65% stake in operator PT Indosat Tbk that has rebranded itself into Indosat Ooredoo, said it plans to invest 30% of its group annual revenue into its Indonesian operator over the next three years.
TIME dotCom Bhd said it posted revenue of RM175.2 million in the first quarter (Q1) ended March 31 2016, compared with RM171.7 million in the first quarter of 2015.
The new digital era hasn’t quite caught on, with the biggest contributor to Telkomsel revenue coming from its non-digital businesses.
Telekom Malaysia Bhd (TM) posted revenue growth of 2.9% year-on-year (YoY) to RM2.9 billion in the first quarter ended March 31 2016, from RM2.8 billion in the corresponding period last year. The growth was mainly driven by higher contribution from Internet services revenue.
Indosat Ooredoo recorded a net profit of Rp217.2 billion (US$16.3 million) in Q1 2016, compared with a loss of Rp455.6 billion (US$34.2 million) in the same period last year.
Telkom, which posted a 45.1% surge in data, Internet, and IT services revenue to US$780mil in Q1 2016 versus Q1 2015, is committed to becoming a ‘digital company.’
Goh Thean Eu shares six key takeaways from Digi’s Q1 2016 results, and comes up with a surprise or two.