6 key takeaways from Digi’s Q1 results you may have missed: Page 4 of 6

 
4) Lowest capex since Q4 2013
 

At a time when telcos are competing on all areas – from who has the best price plans to who has the best coverage – one would have assumed that they would also be investing heavily on capital expenditure (capex).
 
But Digi invested only RM171 million in Q1, its lowest in more than two years. In Q4 2013, it registered a capex of RM130 million.
 
Of course, we are not accusing Digi of not being committed to growing its 4G LTE (Fourth Generation/ Long-Term Evolution) coverage.
 
In fact, during the first quarter, the company expanded its 4G-LTE footprint by eight percentage points to 73%, versus 65% in Q4 2015.
 
Also, over the past 12 months, it managed to grow its LTE coverage from 33% in Q1 2015 to 73% in Q1 2016.
 
Next Page: Not quite a slowdown