KUALA LUMPUR:Celcom Axiata Bhd is confident of achieving over RM2 billion in revenue for its fourth quarter this year, said its chief executive officer, Datuk Seri Shazalli Ramly.
He said the target was achievable considering that the company recorded strong growth in the third quarter this year.
Celcom today announced strong third-quarter results, recording 22 consecutive quarters of positive revenue growth.
Revenue rose by four per cent to over RM1.8 billion.
Its profit after tax and minority interest rose by 29.1 per cent to RM531 million.
Shazalli said the growth in revenue was mainly attributed to its voice resuscitation campaigns and non-voice services, backed by smart product offerings.
"Voice revenue showed a marked increase of 3.5 per cent quarter-on-quarter despite trends towards increased data-centric communication," he said.
He said this at the media briefing on its third-quarter results here today.
Shazalli said Celcom's mobile broadband subscriber base continued to increase, surpassing the 900,000-mark with 15 per cent more users from a year ago, reaffirming the company's position as the leading mobile broadband provider in the country.
He said the company has allocated RM900 million for capital expenditure for next year, focusing mainly on deployment of network enhancement and information technology capability geared towards a changing environment.
"Next year, we also want to increase our content business mainly for ageing population and see huge demand particularly in download activities, while re-looking at our business strategy for non-voice business to stay robust in the market," he said.
In an effort to accelerate network modernisation, Shazalli said, Celcom, like other sector players, was well-prepared to upgrade its network service from third-generation (3G) to 4G.
He said the company was still waiting for approval from Malaysian Communications and Multimedia Commission.
On its mobile virtual network operator business, Shazalli said, the company was eyeing on providing the non-voice services as well. - BERNAMA
He said the target was achievable considering that the company recorded strong growth in the third quarter this year.
Celcom today announced strong third-quarter results, recording 22 consecutive quarters of positive revenue growth.
Revenue rose by four per cent to over RM1.8 billion.
Its profit after tax and minority interest rose by 29.1 per cent to RM531 million.
Shazalli said the growth in revenue was mainly attributed to its voice resuscitation campaigns and non-voice services, backed by smart product offerings.
"Voice revenue showed a marked increase of 3.5 per cent quarter-on-quarter despite trends towards increased data-centric communication," he said.
He said this at the media briefing on its third-quarter results here today.
Shazalli said Celcom's mobile broadband subscriber base continued to increase, surpassing the 900,000-mark with 15 per cent more users from a year ago, reaffirming the company's position as the leading mobile broadband provider in the country.
He said the company has allocated RM900 million for capital expenditure for next year, focusing mainly on deployment of network enhancement and information technology capability geared towards a changing environment.
"Next year, we also want to increase our content business mainly for ageing population and see huge demand particularly in download activities, while re-looking at our business strategy for non-voice business to stay robust in the market," he said.
In an effort to accelerate network modernisation, Shazalli said, Celcom, like other sector players, was well-prepared to upgrade its network service from third-generation (3G) to 4G.
He said the company was still waiting for approval from Malaysian Communications and Multimedia Commission.
On its mobile virtual network operator business, Shazalli said, the company was eyeing on providing the non-voice services as well. - BERNAMA
