DiGi keeps mum on prepaid pricing


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KUALA LUMPUR (May 7): DiGi.Com Bhd has kept mum on the pricing for prepaid telecommunications services, and prefers to wait for the authority's announcement.

"We are fully supportive to the minister's plan, and we are working closely with the relevant authorities currently," the group's newly appointed chief executive officer Albern Murty said in a press conference after the annual general meeting today.

However, he declined to comment further before any firm decision is made.

DiGi (fundamental: 1.55; valuation: 1.7) has a high exposure to prepaid customers.

As of March 31, 2015, there were 9.9 million prepaid users, equivalent to 85% of its 11.7 million subscriber base.

DiGi was trading one sen or 0.17% lower at RM6.03 per share as at market break.

(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)