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Wireless

DiGi grows Q1 profit 2.6% on lower depreciation, taxes

Wednesday 24 April 2013 | 01:42 CET | News
Malaysian mobile operator DiGi.Com posted a first quarter profit of MYR 328.65 million, up 2.6 percent from MYR 320.64 million in Q1 2012, mainly due to lower accelerated depreciation and lower tax expenses. Revenues grew by 5 percent to MYR 1.65 billion from MYR 1.57 billion a year earlier, driven by increased data usage from a larger mobile internet subscriber base of 5.8 million and higher sales of smart devices. DiGi ended the first quarter with 10.37 million mobile customers in total, down by 122,000 in the quarter due to a drop in prepaid subscribers. The lower prepaid base is due to

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Categories: Mobile & Wireless
Companies: DiGi Telecommunications / DiGi.Com
Countries: Malaysia
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