KUALA LUMPUR, May 9 – DiGi.com Bhd is allocating RM750 million for capital expenditure this year, out of which 80 per cent is for the construction of long-term evolution or 4G and 3G networks.
“DiGi will further beef up the investment this year to spur mobile Internet business and we also expect to launch the 4G network by the end of June,” chief executive officer Henrik Clausen told reporters after the company’s annual general meeting here today.
He said although Maxis and Celcom had already launched their 4G services, DiGi viewed this as a 10-year game. “We are not worry about the kick-off time for 4G services as we think end of the second quarter is ample time for us to launch the service, but most importantly is to do it in the right way,” he added.
Last year, the company had swapped more than 3,200 sites or about 60 per cent of its total network to the 4G spectrum and expanded its 3G network to more than 67 per cent of populated areas in Malaysia, from 54 per cent a year ago.
On site sharing and fibre build initiative with Celcom Axiata, he said the project saw good progress with the near completion of a combined 1,000 km of owned and joint fibre infrastructure in the north and south of Peninsular Malaysia.
On revenue outlook for this year, Clausen said the company was looking at an increase of about five to seven per cent, which is slightly higher than the industry growth.
With a total of 10.5 million customers currently, DiGi is among the top three players in the telecommunications industry with a 28 per cent market share in Malaysia.
– BERNAMA
