Although mobile operator Celcom Axiata Bhd showed signs of stabilisation in its first quarter results, the company believes it may likely take another quarter to further stabilise and expect an uptrend in momentum only in the second half.
A survey of respondents identifies slow browsing speed, high data consumption and frequent crashes as the main problems.
Remained optimistic that it will achieve its 2017 financial targets despite fall in profit.
The company is planning a capital expenditure of up to RM1.4 billion this year, and part of it will go to the IT transformation programme.
Prepaid business took a hit, with customer base fell by more than 600,000
Expects its LTE network to cover 85% of population by year end, 95% by end 2019
Maxis Bhd reported a marginal decline in its first quarter net profit. However, on a normalised basis, profits were higher.
The worst is expected to be over for Celcom Axiata Bhd, and its CEO Michael Kuehner has a plan to turn the company around. Goh Thean Eu writes.
Axiata Digital makes its 29th investment with a US$16.8mil injection into Swedish based insurtech player, BIMA.
The highly-competitive Malaysian telecommunications industry is now further intensified after U Mobile Sdn Bhd, the country's fourth largest mobile operator, introduced its new entry-level unlimited calls and data postpaid plans.