In a filing with Bursa Malaysia today, it said revenue declined to RM1.54 billion from RM1.62 billion a year ago, as the steady (growth) in postpaid, business-to-business (B2B) and fibre segments from quality acquisitions and attractive bundles were unable to offset the effects of the weaker prepaid business in 2021.

The growth in postpaid of 1.1% was supported by a mobile subscriber base of 183,000 while the base for the fibre segment was up 17,000 year-on-year (y-o-y), the telco said.

Revenue for the prepaid segment was down 4.2%,” it said.

It declared a second interim tax-exempt dividend of 2.8 sen per share payable on Sept 30, 2022.

On prospects, the company said the first half of the year saw domestic economic growth, largely driven by rising demand as economic activities normalised with the easing of containment measures.

Meanwhile, in a press statement, Digi said the second quarter for FY2022 saw the company delivering a steady quarter on the back of improved network performance, catering to customers’ increasing digitalisation needs.

Digi’s acting CEO and chief marketing officer Praveen Rajan said the good traction in fibre and business segments reflects the ability to meet the growing need for reliable, high speed connectivity as digital adoption among consumers and businesses accelerate.

“To support this digitalisation drive, we continue to invest in modernising our network and expanding access to connectivity,” he said.

He added that this sets the pace and direction as Digi commits to deliver better quality internet experience for its customers, in line with Jendela’s (National Digital Network) aspirations, as well as powering Malaysia’s digital economy agenda,” he said.