Digi: Drive for further digitisation

Digi is also optimistic on the group’s outlook for 2017 despite the fact that challenging market conditions persists.

According to Digi in its 4Q16 management discussion and analysis, the stronger internet and digital services positioning and robust infrastructure capability in 2016 will pave a favourable head start for Digi into 2017 to pursue innovations amid customers’ evolving needs in digital life.

“As the year ahead holds new opportunities and similar challenges as 2016, Digi will continue to drive resilient performance and sustainable returns in 2017,” Digi said.

“The key priorities in 2017 will focus on relentlessly growing postpaid and Malaysian prepaid opportunities while defending core service revenue streams.”

Digi revealed that the group will also continue to drive stronger 4G+ adoption and usage with better monetisation, new digital revenue opportunities beyond the immediate future, digitisation of core business and operational efficiencies innovations

“Digi’s persistent focus on products and service innovations, retail experience reforms, digitisation of core business for future growth will set a strong foundation to enable Digi to capitalise on new growth opportunities and run faster in 2017,” the group said.

Digi went on to add that the group aspires to turn in stronger performance than industry with improved efficiencies and service revenue and earnings before interest, tax, depreciation and amortisation (EBITDA) margin at around 2016 level alongside with capital expenditure (capex) at 11 per cent to 13 per cent of service revenue.