DiGi Appoints New Chief Technology Officer February 11, 2009
Posted by aikservices in Digi, Malaysia, Mobile Network Operator, Telenor.Tags: Digi, Malaysia, Mobile Network Operator, Telenor
add a comment
Ole Martin Gunhildsbu has been appointed by Malaysian mobile network, DiGi Telecommunications as its new Chief Technology Officer with immediate effect. He has been acting CTO since November 2008 when his predecessor left to take up a new role within the Telenor Group. On his appointment, DiGi Chief Executive Officer Johan Dennelind said: We are happy with Ole’s steady leadership, and his accomplishments in improving network coverage and quality over the past year. I am confident that he will manage this core business aspect of ours effectively as we move forward to take DiGi to the next level.
I’m thankful for this opportunity and really excited to take on the new challenge. Last year the technology organization made a big leap in terms of quality and coverage. I’m positive the organization has what it takes to improve even further and take on the broadband challenges as well, said Gunhildsbu.
Malaysia’s Digi Reports Full-Year Revenues Up 10% February 9, 2009
Posted by aikservices in Asia, Digi, Financial, Malaysia.Tags: Asia, Digi, Financial, Malaysia
add a comment
Malaysian mobile operator, DiGi has reported an after-tax-profit of RM1.1 billion (US$304 million) on the back of a 10% growth in revenue to RM4.8 billion (US$1.3 billion) in 2008. The rise in revenue was driven by steady demand for mobile services and an increase in subscriber base to 7.1 million at the end of 2008. Average revenue per user (ARPU) maintained at RM59 (US$16.35).
Commenting on DiGi’s performance in 2008, chief executive officer Johan Dennelind said, We are pleased to have met our financial guidance despite intense competition and a more challenging macro-economic environment towards the second-half of 2008. Encouragingly, we are gaining positive momentum for our postpaid business as seen in the significant increase in subscriber base by 56%, surpassing the 1 million mark.
Year-on-year, DiGi’s earnings before interest, tax, depreciation and amortisation (EBITDA) rose to RM2.2 billion (US$609 million). As expected, EBITDA margin decreased to 45.1% due to competitive price pressure, higher traffic and network operating costs as well as increased sales and marketing expenses.
Mobile News 