Malaysian-born veteran Albern Murty ascends to become Digi.Com's CEO today. Edwin Yapp recounts his accesion through the ranks in Digi and examines the challenges that are before him.
South Africa’s Naspers Ltd, Norway’s Schibsted Media Group and Telenor Group, and Singapore Press Holdings have agreed to establish joint ventures to develop their online classifieds platforms in four key markets: Brazil, Indonesia, Thailand and Bangladesh.
Telenor Group said it expects to increase its mobile Internet subscriber base in Asia to 45 million users by year’s end, an increase of approximately 64% year-over-year and the company’s fastest uptake of mobile Internet users to date.
DiGi.Com Bhd reported second-quarter 2014 revenue rose 5.6% year-on-year to RM1.746 billion (US$546.56 million), boosted by Internet revenue growth which increased 39.6% compared to the same quarter last year.
DiGi.Com Bhd announced that its board of directors has appointed Lars-Ake Norling as the company’s new CEO, effective Aug 1. He joins DiGi from the role of CEO in Telenor Sweden, and will replace current CEO Henrik Clausen who will take a new senior role in the Telenor Group.
DiGi expects its subscriber growth to regain traction in the remaining quarters of 2014. This came after the company recorded a marginal (quarter-on-quarter) decline in its subscriber base in the first quarter of 2014.
DiGi.Com Bhd expects to allocate more for capital expenditure (capex) this year, as it aims to further expand its wireless broadband and fibre coverage.
Telenor has taken a strategic step toward increasing its presence on mobile devices and in delivering consumer Internet services in South-East Asia, taking a 33.3% stake in 701Search for €180 million (US$245.8 million).
Telekom Malaysia Bhd (TM) and mobile operators Celcom Axiata Bhd (through its wholly-owned subsidiary Celcom Networks Sdn Bhd) and DiGi Telecommunications Sdn Bhd have inked a 10-year wholesale bandwidth collaborative deal for backhaul services.