Moving forward, Alfie expected 2017 to see a battle among “converge players” after Telekom Malaysia Bhd (TM) launched its mobile arm “webe”, formerly known as Packet One Networks, on Sept 30 this yea

KUALA LUMPUR: A year of price war for mobile telecommunication companies or telcos best sums up the sector in 2016, as stiff competition in a saturated market prompted them to source new streams of income to sustain their businesses moving forward.

Current Analysis Group’s senior analyst for Asia Pacific Alfie Amir said mobile telcos saw a declining trend in their revenues and average revenue per user (ARPU), as well as total subscribers.

As of October this year, the average ARPU for telcos stood at RM41.50 compared to RM43.03 last year, and this was expected to decline further next year with a compound annual growth rate of -2.6 per cent from 2016 to 2021, he told Bernama.

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