0
Broadband

Time dotcom revenues jump 10% in Q1

Tuesday 27 May 2014 | 10:37 CET | News
Malaysian fixed-line operator Time dotcom reported first quarter results, with revenues reaching MYR 131.9 million, up 10 percent from the year before, excluding non-recurring revenues from one-off contracts and global bandwidth sales. Growth was mainly driven by higher data and data centre contributions. Pre-tax profit (PBT) surged 28 percent to MYR 31.8 million. CEO Afzal Abdul Rahim said results were driven by demand for faster connectivity. For the full year, the company expects earnings growth to continue with the strong demand for higher speed bandwidth and mobile node fiberisation

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Time DotCom
Countries: Malaysia
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.