Malaysia is one of Southeast Asia’s most vibrant economies and is steadily climbing the value chain to become a high income nation. The growing affluence of Malaysian consumers has driven technology consumption in the country resulting in a highly competitive telecommunications market. Mobile penetration rate in Malaysia is now at 145% comprising almost 50 million subscribers.
Celcom Axiata Berhad
Celcom has a subscriber base of approximately 12.2 million. Total operating expenditure for 2015 was USD1.1 billion, while capex spend was USD228 million. In 2015, Celcom contributed USD2.0 billion or 0.7% of GDP to Malaysia’s economy.
In 2015, Celcom supported the employment of close to 53,000 people, of which 3,950 were directly employed. Celcom’s efforts include 1Malaysia Internet Centres providing digital access and training for rural Malaysians.