PETALING JAYA: Improved earnings trajectory following CelcomDigi Bhd
’s network integration completion by the first half of 2027 is impacted by uncertainties surrounding the Digital Nasional Bhd (DNB) issue which will become a material drag on valuations, says CGS International (CGSI) Research.
It also cited downside risks that included increased price competition and extended delays in resolving the DNB issue, leaving CelcomDigi and other shareholders in DNB at a disadvantage to the second 5G network.
