Cost discipline keeps Astro Q1 earnings steady


According to Maybank Investment Bank (IB) Research, the regulator is in talks with ISPs to deny Internet access to Android TV boxes - a move that will ultimately benefit players such as Astro Malaysia Holdings Bhd.

PETALING JAYA: Astro Malaysia Holdings Bhd said subscription revenue in the first quarter fell, but earnings steadied on group's efforts to optimise content cost and operating expenses.

The pay-TV operator, in a statement today, said net profit in the three months ended April 30 improved to RM176.2mil from RM174.73mil registered a year ago.

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