Celcomdigi Berhad (KLSE:CDB)
Malaysia flag Malaysia · Delayed Price · Currency is MYR
3.030
-0.010 (-0.33%)
At close: May 8, 2026
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Earnings Call: Q1 2023

May 24, 2023

Speaker 1

Hi, everyone. It has been a very exciting period for CelcomDigi since the merger completed on the third of November last year. We have a very, very exciting time. I think the whole organization has been very, very excited. We have completed many of the things that we say we're gonna need to complete within the first quarter. We are now operating as a single organization. We have a single management team. We have put in place whole top management from the first layer, second layer and the third layer, and the whole organization is now in place. We have started our investment on the new network. We completed the process of selecting our partners and the integration process or integration activities have started in various regions.

We have actually commenced the first pilot testing of the new, brand new network, which we're all excited to bring to the market and for our customers to experience a much better, a wider and better performance or high-performance network. We're also excited with the new things that's coming, especially around 5G. You know, with the recent government's announcement, we look forward to an opportunity to play a more active and direct role in the deployment of 5G in the country, something that we think that we can bring a lot of values considering existing infrastructure that we have, the experience that we have, the knowledge, and also the relationship that we have with our 20 million subscribers across the country. We look forward also that the rest of 2023 to continue to be an exciting journey.

The results for our first quarter has been very exciting. It's in line with our expectation, and we're still very positive that we will be able to meet the commitment that we have made to our investors from the top line to remain and maintain the top-line revenue growth, maintain single-digit growth on the EBITDA, and make sufficient investment, especially around building this new network of 15%-18% of CapEx or to revenue or total revenue ratio. It is going to be an exciting period for all of us, while at the same time trying to run, become, operate, and company, compete in the market effectively as well as building a totally new company, something that's a new milestone for the nation.

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