Celcom. Having addressed congestion issues late-2009, management remains positive on the growth potential in the mobile broadband segment. This is mainly due to:
(1) Broadband penetration in Malaysia remains fairly low, suggesting that there is still tremendous room for this segment to grow;
(2) Different market segmentation (not all players are focusing on the mobile broadband segment); and
(3) Marketing activities for Celcom has started to intensify following the recent network upgrade.
Axiata Group Berhad : Mixed Outlook For Regional Cellcos-22/04/2010
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