Telekom Malaysia, the country’s dominant fixed network operator, has reported that its operating revenue grew by 5.9% year-on-year to MYR2.774 billion (USD756 million) in the first quarter ended 31 March 2015, although it posted 23.1% lower quarterly operating profit (EBIT) which fell from MYR316.8 million to MYR243.4 million due to higher operating costs. EBITDA also dropped, by 5.5% y-o-y to MYR847.6 million, while net profit fell 38.8% to MYR128.9 million in the three-month period, due to higher operating cost, forex losses and consolidation of Malaysian wireless broadband provider Packet One Networks (P1).
The group achieved 1.6% total broadband customer growth in the twelve months to 2.266 million at end-March 2015, including 757,000 direct fibre-based ‘UniFi’ customers, up from 653,000 a year earlier (with UniFi ARPU standing at MYR190 in Q1 2015 compared to the DSL-based ‘Streamyx’ ARPU of MYR89). Streamyx DSL customers fell from 1.577 million in March 2014 to 1.509 million a year later. Telekom’s total fixed voice lines in service dropped to 4.254 million at end-March 2015, down from 4.338 million twelve months earlier (with the fixed line total automatically including all UniFi fibre broadband customers).