CIMB Research: DiGi to benefit most from GST

KUALA LUMPUR: CIMB Equities Research said the likely introduction of the goods and services tax (GST) should be positive for the mobile carriers as they would no longer have to absorb the 6% sales tax for prepaid users.

“DiGi would benefit the most as 71% of its revenues are prepaid vs 58% at Celcom and 55% at Maxis,” it said.