News & Reviews:   Celcom quarterly business report

Today, Celcom Axiata Berhad presented their quarterly business report which saw a stabilization in the fourth quarter with a positive growth in the mobile service revenue by 1.4%, this is an increase of RM1.50 billion to RM1.52 billion, with data revenue being the main driver (increase of 10% YoY to RM2.26 billion in FY16). So to speak, mobile internet revenue growth (19% YoY to RM2.08 billion) was the main contribution for the data revenue.