Telecoms sector earnings down, Digi beats trend


PETALING JAYA: Core earnings for the telecoms sector last year slipped by 2.8% year-on-year due to earnings decline at Axiata Group Bhd, which was down by 9.3% year-on-year; Maxis Bhd, down by 8.9% year-on-year; and Telekom Malaysia Bhd (TM), down by 9.4% year-on-year.

DiGi.Com Bhd was the only telco to register stronger earnings in 2014, with an increase of 19.1% year-on-year.

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Business , Telco , Sector Update.telecoms , earnings , down , digi , telekom , maxis ,

   

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