Celcom allocates RM1bil for 2021 capex


Celcom CEO Idham Nawawi

KUALA LUMPUR: Celcom Axiata Bhd has earmarked RM1 billion for its 2021 capital expenditure (capex) to improve its network capacity nationwide.

Speaking to reporters during the virtual media briefing on Celcom's fourth quarter of 2020’s (Q4 2020) results today, chief executive officer Idham Nawawi said the investments are to support the aspirations of the National Digital Infrastructure Plan (Jendela).

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Celcom Axiata Bhd , Capex , 5G , VoLTE

   

Next In Business News

FBM KLCI retreats to 1,600
Volkswagen to establish Malaysia as export hub - Tengku Zafrul
Microsoft's staggering investment a technological shot in the arm for Malaysia
More job replenishment opportunities for Kerjaya Prospek
Philippines Q1 GDP grows 5.7% y/y
Ringgit opens easier against US$ ahead of OPR decision
FBM KLCI drifts as investors await fresh leads
Trading ideas: Axiata, Mega First, Vstecs, Pharmaniaga, Sarawak Cable, Paragon Globe, CIMB, IHH, Ni Hsin
Thai business group cuts 2024 GDP growth forecast
TotalEnergies mulls moving listing to Wall St

Others Also Read