Prepaid contraction affects telcos’ revenue

HLIB Research added that telcos’ mobile service revenue trends were slightly below guidance.

PETALING JAYA: Three listed telecommunication companies (telcos) have been impacted by “earnings distortions” in the second quarter of 2025 (2Q25).

They were Axiata Group Bhd, Telekom Malaysia Bhd (TM) and CelcomDigi Bhd, according to Hong Leong Investment Bank (HLIB) Research.