‘DIGI TO CON­TINUE POSTPAID PUSH’

Strong net­work leads to 63.1 per cent growth in 4G LTE sub­scribers to 4.7 mil­lion

New Straits Times - - Business -

FARAH ADILLA

KUALA LUMPUR bt@me­di­aprima.com.my

DIGI.COM Bhd will con­tinue to strengthen its postpaid busi­ness that con­trib­utes 35 per cent to its rev­enue by lever­ag­ing its net­work po­si­tion. Its chief fi­nan­cial of­fi­cer Karl Erik Broten said Digi’s 4G long-term evo­lu­tion (LTE) cov­ers 85 per cent of pop­u­la­tion na­tion­wide while 4G+ LTE-Ad­vanced (LTEA) 42 per cent, sup­ported by 7,700km of fibre net­work.

He said the ac­ces­si­bil­ity has led to a 63.1 per cent growth in 4G LTE sub­scribers to 4.7 mil­lion, us­ing 1.3 times more data on Digi’s net­work, from a year ago.

“We are al­ready grow­ing 12 per cent year-on-year on postpaid, and this is mov­ing ev­ery quar­ter. A year be­fore, postpaid con­trib­uted to about 30 per cent to the rev­enue.

“With the strong net­work that we have, and the dig­i­tal so­lu­tions that we of­fer­ing to our cus­tomers, there is no rea­son why we should not achieve our fair share of postpaid cus­tomers.

“That is why we are con­tin­u­ing to push our postpaid busi­ness be­cause we see that it is more value for money for cus­tomers, with our good net­work.

“We will con­tinue to be ag­gres­sive on postpaid while de­fend­ing our mar­ket share for pre­paid,” he said af­ter Digi’s an­nual gen­eral meet­ing, here, yes­ter­day.

Digi pre­vi­ously an­nounced 13 per cent of cap­i­tal ex­pen­di­ture (capex) spend­ing, the bulk of it to be used to ex­pand its LTE and LTEA cov­er­age and the dig­i­tal trans­for­ma­tion.

Based on the ra­tio to ser­vice rev­enue, Digi is ex­pected to spend the same level of capex it spent last year, which is around RM780 mil­lion.

Mean­while, Digi chief ex­ec­u­tive of­fi­cer Al­bern Murty said 2016 was a year of strong ex­e­cu­tion for the com­pany.

“Cus­tomers are in­creas­ingly recog­nis­ing the qual­ity of our 4G+ net­work, In­ter­net and dig­i­tal ser­vices, ben­e­fit­ing from the sig­nif­i­cant in­vest­ments in 4G LTE, 4G+ fibre and digi­ti­sa­tion ef­forts we have made over the year.

“This has led to strong growth in data us­age across our cus­tomer base.

“Look­ing forward, the In­ter­net and smart de­vices will be­come an even big­ger part of our cus­tomers’ ev­ery­day life and our com­mit­ment as their dig­i­tal part­ner is to con­tinue in­vest­ing to de­liver qual­ity ser­vice ex­cel­lence, and in­no­va­tions in dig­i­tal con­tent and ser­vices,” he said.

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