Digi’s Q3 2022 performs well bolstered by strengthened network

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Digi’s Q3 2022 performs well bolstered by strengthened network
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Digi announced its FY2022 third quarter results.

Data traffic grew by 6.2% y-o-y; monthly average data per user at 23.0GBDigi.com Berhad has announced its FY2022 third quarter results, highlighting steady growth across the company’s postpaid, prepaid, fibre, and business segments, driven by its high-speed internet value offerings delivered on its strengthened mobile network.

Digi said its average download speeds surpassed 45.0Mbps from 44.1Mbps in the last quarter, while its 4G LTE and LTE-A network coverage now serves 95% and 80% of populated areas nationwide respectively, alongside an extensive fibre network of 10,372KM across the nation. However, blended average revenue per user declined RM2.5 to US$8.50 , mainly due to impact from lower prepaid ARPU as the Jaringan Prihatin programme ended, it said.

Digi’s Acting chief executive officer and chief marketing officer, Praveen Rajan said the company sees continued demand for mobile services across all segments. According to Digi, its service revenue remained resilient with a marginal 0.5% quarter-over-quarter drop to US$278,900 in the third quarter of 2022, despite impact from adverse macro pressures and the end of the Jaringan Prihatin programme.

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