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: Q4 2023

Feb 20, 2024

Albern Murty
Deputy CEO, CelcomDigi

Hi everyone, our trusted customers, our shareholders, investors, stakeholders, and all our friends, thank you for joining me today. 2023 has been a successful year for the company. We are very happy with the progress that we have made, especially in the integration throughout the company. Our technology integration, especially the network integration, is going very well, I would say. We integrated and modernized more than 5,000 sites across the country, slightly ahead of our internal plan, if I may mention. Our team is integrating very well into a single company. We are fighting well as one company in the market. We are supporting our customers as one team. We are maintaining our network together as one team. So we are progressing, which is something that I am personally very happy with. We continue to be competitive in the market.

We launched our new brand, which we are very excited about, something new, something fresh that we think is going to bring some new energy into the market. We are very active coming up with new packages. More than 50 packages were offered throughout the year. We were active in 5G, new 5G offerings for our customers. We were very active also with on 5G with the enterprise customers, with our programs, and positioning ourselves as a leader in 5G solutions for the B2B market. As a result, we continue to grow. We managed to maintain our market share despite all the merger activities. We added almost half a million customers throughout the year, which is something that we are very proud with.

I'm also very pleased that the results were in line with our guidance on maintaining the growth momentum on the service revenue, on flat to single digit increase in the EBITDA growth, and around 15%-18% of CapEx intensity. I would like to mention here that we were able to do what we did and spend and invest at a lower cost. So our CapEx intensity of around 14% was achieved from the effective negotiation and the procurement strategy that we undertook at the beginning of the merger, even though we were ahead of our integration plan. We are able to pay MYR 0.132 dividend to all our shareholders. Looking forward, 2024 is going to be another year of integration, a very critical year for integration, especially in our technology integration.

More activities on rolling out the new network, activities in integrating our IT platforms, and rolling out the new brand and building a new brand in the market. We are very excited about this. I'm sure that we will face challenges, but we are confident that we will be able to overcome these challenges as they come. We continue to be committed with our MYR 8 billion net present value of Synergy to be delivered to our shareholders. This is something that we continue to strive every single day to deliver the value. As we aspire to build this organization as a lean and also a progressive company moving forward.

Now, we want to thank everyone, especially our customers, our 20 million customers out there, the regulators who continue supporting the industry, our investors, business partners across the board, and especially our CDzens, which is our internal talents that continue to drive this company forward. With that, once again, thank you for joining me.

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