Competition to shave M'sia telcos' margins: Fitch
It says average Ebitda margin may drop by one pp-1.5pp
Kuala Lumpur
AN international rating agency has predicted that competition in Malaysia's crowded telecommunications sector will prove so intense next year that margins could be shaved by between one and 1.5 percentage points.
In a special report released on Tuesday by Fitch Ratings, it warned that "competition in the Malaysian telecom industry will remain intense in 2015, particularly among mobile operators, which could lead to their average operating earnings before interest, taxation, depreciation and amortisation margin narrowing by one pp-1.5pp".
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
IndoAgri appoints former EDB chairman Philip Yeo as chairman and lead independent director
GSK profit drops 23% in Q1 on higher costs
Starbucks points to weaker consumer as profit falls
Restaurant Brands tops estimates as Burger King overhaul pays off
Walmart to shut all health centers in US over lack of profitability
Coca-Cola raises annual sales forecast on global demand, higher prices