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Digi post lower net profit of RM264.83 mln for Q121

23 Apr 2021 / 15:02 H.
KUALA LUMPUR: Digi.Com Bhd’s net profit for the first quarter ended March 31, 2021 (Q121) fell 20.2 per cent to RM264.83 million from RM332.0 million in the same quarter last year.
Revenue declined to RM1.55 billion from RM1.56 billion a year ago, moderated by 0.6 per cent on the effects of border closures, changes in prepaid subscribers and revenue mix.
In a statement today, Digi said the lower profit was largely due to a fair value loss in relation to interest rate swap contracts of RM22 million as compared to a fair value gain of RM37milion in the same period last year, given the substantially low projected interest rates at the onset of the pandemic. ....

Kuala Lumpur , Albern Murty , Digi Com Bhd , Celcom Digi Bhd , குவாலா லம்பூர் , ஆல்பர்ன் மூர்த்தி , திகி கம ப்ட் ,

Telenor and Axiata in advanced talks to merge Malaysian operations

Firms/companies > T > Telenor
08 April 2021
Norwegian teleom operator Telenor Group and Malaysia’s Axiata Group Berhad are in advanced discussions regarding a potential merger of their Malaysian mobile operations Digi and Celcom, in which the parties will have an equal ownership of 33.1 per cent each.
The new company will be a leading provider of telecommunication services in the country, with competence and scale to meet increasing expectations and demand from a digitally connected society.
The parties aim to create a leading telecommunication service provider in Malaysia with the capabilities to drive research and innovation and facilitate a platform for accelerated digital growth in the local ecosystem and the merged company will be well positioned for delivering industry innovation, high-quality connectivity and a diversified value proposition to the customers, Teenor stated in a release. ....

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Is the proposed Celcom-Digi merger a fair deal?

Celcom digi merger pg one
FOR the longest time, Celcom Axiata Bhd has been trying to win back market share to be in the top spot in the local mobile scene.
has been a trying experience for Celcom, ever since the latter took the lead over a decade ago.
Now even the once smallish Digi.com Bhd
has overtaken Celcom in market share.
It is no denying that Celcom has had legacy issues in the past, but that is history and it has dusted that off quite well.
Historically though, Celcom was synonymous with mobility in Malaysia, having been a player since 1988. It was only in 1993 that the floodgates were opened to competition in the mobile sector. ....

Datuk Izzaddin Idris , Jorgenc Arentz Rostrup , Albern Murty , Celcom Axiata Bhd , Telenor Asia , Idham Nawawi , Kenanga Research , Axiata Group Bhd , Aminvestment Research , Axiata Group , Celcom Digi Bhd , Investment Research , Fourth Industrial Revolution , Datuk Izzaddin , ஆல்பர்ன் மூர்த்தி , டெலினர் ஆசியா , கெனாங்க ஆராய்ச்சி , முதலீடு ஆராய்ச்சி , நான்காவது தொழில்துறை புரட்சி ,

Celcom-Digi.Com merger — second time's the charm?

Celcom-Digi.Com merger — second time's the charm?
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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Celcom-Digi.Com merger — second time's the charm?

Celcom-Digi.Com merger — second time's the charm?
theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.

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