DiGi net profit jumps 51%

22 Oct 2007

Malaysian cellco DiGi.Com has announced that its net profit jumped 51% in Q3 2007, thanks to a rise in its customer base and revenue. Net profit surged to MYR273 million (USD78 million) for the three months ended 30 September, on the back of a 21% hike in revenue to MYR1.11 billion. DiGi, which is 61% owned by Norway’s Telenor, is the smallest of Malaysia’s three cellcos. It attributed its strong performance to 9% growth of its subscriber base to 6.1 million customers. In a statement it added that average usage per subscriber had increased and non-voice revenue continued to account for a larger portion of revenues.

Malaysia, Digi Telecommunications