By Geraldine Tan
Albern Murty
Digi.Com Bhd (Digi) has accelerated its nationwide 4G LTE high-speed Internet network rollout across five key market centres, covering more than 65% of the population.
“The strength of our network today, combined with our dynamic back-end system that enables activation of tailored plans, allows us to bring relevant service innovation affordably to our growing data-loving customers. At the same time, we’re also aggressively bringing our services to the unconnected looking for consistent Internet experience at great value especially in new areas, with our far-reaching coverage today,” said Digi chief executive officer Albern Murty.
Digi has spent over RM2.3 billion on capital expenditure for the past three years, it said in a statement today.
For the current quarter, service revenue rose 1.3% to RM1.6 billion year-on-year on the back of effects from the implementation of goods and services tax (GST) and intense competition.
Earnings before interest, tax, depreciation and amortisation (Ebitda) moderated to RM788 million from RM795 million from a year ago.
Profit after tax tapered to RM464 million during the quarter due to moderated Ebitda as well as higher depreciation and amortisation charges and higher tax expenses.
“For the second half of the year, we will build on the solid 4G LTE momentum with an ambition to continue expanding our reach to more areas nationwide to ensure even more customers enjoy quality experience on our network,” said Albern.
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