PETALING JAYA: A low single-digit growth is projected for companies in the telecommunications sector during financial year (FY) 2023 from stronger roaming and prepaid revenue led by higher migrant traffic.
Economic headwinds, however, would continue to temper industry average revenue per users (Arpu) with tactical promotions targeted at the lower-end/price-sensitive segment.
Industry mobile service revenue (MSR) grew 2.3% year-on-year (y-o-y) in 4Q22 (up 0.9% quarter-on-quarter (q-o-q), the strongest y-o-y growth since the pandemic (2022: up 1.3%).
...