Astro to cut capex following digitisation

Group CEO Datuk Rohana Rozhan is targeting to increase the number of household customers for its TV services by an additional 400,000 customers

KUALA LUMPUR: Astro Malaysia Holdings Bhd sees its annual capital expenditure (capex) of RM500 million to gradually decline as the media group embarks on thorough operation digitalisation.

Chief executive officer Datuk Rohana Rozhan said the company expected the capex to reduce to RM460 million next year, following its target to digitalise its legacy systems and platform by year-end.

"We are on track to achieve 75 per cent digitalisation of operations by year-end, of which 23,000 hours of content are already in the cloud technology. 

"The cost per unit of leasing the cloud technology is lower as compared to purchasing services or investing in traditional infrastructure," she told reporters after company's AGM in Kuala Lumpur on Thursday.  Bernama