PETALING JAYA: The telecommunications industry’s key focus for the year is cost optimisation, in expectations of a relatively flat service revenue due to growing smartphone penetration and successful data monetisation, said UOB KayHian.
The research house added that Digi.com Bhd aimed to achieve a 1-3 percentage points in cost reduction over 2017 and 2018 while Axiata Group Bhd aimed to achieve RM2.3bil cost savings over 2017 until 2019.
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