Regional telecommunications group Axiata Group Bhd will need its two largest operating companies – Malaysia’s Celcom Axiata Bhd and Indonesia’s PT XL Axiata Tbk – to make a strong comeback in the second half, or the group may miss its 2015 targets.
Big data and analytics software company Fusionex International Plc will be widening its footprint in South-East Asia by expanding to the Philippines over the next few months, its fourth market in the region.
SGX-Catalist listed ICT solutions and services provider DeClout Ltd said it posted a 165% increase in revenue year-on-year to record S$121 million (US$86 million) for the first half of its 2015 fiscal year (H1 2015), which ended June 30.
Oracle Corp’s in-country sales is still growing as its shifts from being an on-premises software company to a cloud services provider, according to its Malaysia country head.
M1 Ltd said its net profit after tax for the first half of 2015 increased 3.8% year-on-year to S$90 million (US$65.7 million), on the back of service revenue of S$408.6 million (US$298.3 million).
Chinese telecommunications equipment maker Huawei announced revenue for the first half of 2015 of 175.9 billion yuan (US$28 billion), a 30% increase over the same period last year.
The intense price competition amongst Malaysian mobile operators is likely to be temporary – at least, that was one of the main key takeaways from analysts briefings hosted by Digi.Com Bhd and Maxis Bhd last week.
Maxis said its service revenue for the second quarter (Q2) of 2015 was RM2.094 billion, marginally lower than Q1 2015 but 2.2% higher than Q2 2014.
Digi.Com Bhd reported a slight increase in revenue for the second quarter of 2015 (Q2 2015), even as it expanded its music streaming service with new partnerships.
Pay-TV operator Astro Malaysia Holdings Bhd is confident that the emergence of new over-the-top video-on-demand players will not hurt its market dominance or have an impact on its revenue.