Tuesday, December 23, 2008

Telecommunication Issue #8

DiGi announces CAPEX for 2009, 30% set aside for 3G investment

Malaysia’s third-placed mobile operator, DiGi Telecommunications, is planning to spend more than MYR1.1 billion (USD318.9 million) in 2009, Reuters reports. DiGi, which trails Maxis Mobile and Celcom in the mobile market, is set to invest a significant amount towards its 3G services, with the company’s chief executive, Johan Dennelind, noting, ‘Our guidance for 2009's capital expenditure is MYR1.1 billion to MYR1.3 billion, of which 30% will go to 3G networks.’

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