PETALING JAYA: In anticipation of the Internet protocol television (IPTV) product that Astro Malaysia Holdings Bhd
and Maxis Bhd will jointly launch at the end of March, Maybank Investment Bank (Maybank IB) analysts believe the deal is a win-win situation for both parties.
However, estimated earnings for the financial year ending Jan 31, 2015 (FY15) have been trimmed on reason of higher staff costs, and lower IPTV earnings before interest, depreciation, tax, and amortisation (EBITDA) margins.
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