STANDARD & Poors’ (S&P) is optimistic that Astro
All Asia Networks Plc's Malaysian pay-TV operations have enough momentum to drive the company forward. “We expect the Malaysian operations to remain strong despite potentially lower consumer demand from fuel and electricity prices,” it said.
S&P added that Astro would need to mitigate the high costs it has been incurring for the services provided to its Indonesian venture, PT Direct Vision.
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