CelcomDigi Berhad
MMYX:CDB2.50
MYR
0.00
(0.00%)
ISIN
MYL6947OO005
Return %
Stock
S&P 500
1Y
-31.69
14.20
3Y
-41.72
81.12
5Y
-42.26
68.34
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Albern Murty
- Full Time Employees
- 2,880
- Sector
- Communications
- Industry
- Major telecommunications
- Address
- 409 W. 14th Street Petaling Jaya SE Malaysia 10014
- IPO Date
- Dec 18, 1997
- Website
- celcomdigi.com
- Similar Companies
- Business
- CelcomDigi Berhad is Malaysia's largest telecommunications and mobile network operator, formed through the merger of Celcom Axiata Berhad and Digi.Com Berhad, which was completed on November 30, 2022, with operations commencing December 1, 2022. The company offers a comprehensive range of telecommunications products and services including mobile voice and data plans under prepaid and postpaid categories; 2G EDGE, 4G LTE, LTE-A, and shared 5G NR network services; broadband and fiber optic transmission services; trading and distribution of communication devices; telecommunication infrastructure services; cybersecurity, networking, information and communication technology solutions; digital services and e-commerce; and business management and integration systems. CelcomDigi operates primarily in Malaysia with extensive network coverage, including 97% 4G LTE population coverage in populated areas and continued expansion of 5G services. Key brands include CelcomDigi Postpaid 5G SE, Celcom Mega Postpaid, Digi Postpaid, and Digi Prepaid plans. Recent major developments include CelcomDigi's strategic collaboration with Ericsson Malaysia to deploy AI-driven autonomous network operations aimed at optimizing network performance and customer experience, as announced in April 2025. The company also signed a memorandum of understanding with Terengganu Incorporated Sdn. Bhd. to advance digitalization and AI adoption within its operations. Furthermore, CelcomDigi is engaged in the phased return of 70 MHz of spectrum to the Malaysian Communications and Multimedia Commission as part of the merger conditions. As of mid-2024, CelcomDigi has a mobile subscriber base exceeding 20 million and continues to grow its fiber broadband subscribers and digital service adoption. Recent shareholder activities involve CelcomDigi and partners acquiring remaining government stakes in Digital Nasional Berhad (DNB) to reinforce control in the national 5G network deployment. Founded originally from Celcom in 1988 and Digi in 1995, CelcomDigi is headquartered in Shah Alam, Malaysia, and is jointly owned by Axiata Group Berhad and Telenor Group each holding a 33.1% stake. The company targets a broad customer base encompassing individual consumers, enterprises, and government sectors with robust offerings in digital connectivity, telecommunications infrastructure, and innovative digital and AI-driven solutions critical to Malaysia's digital economy growth. CelcomDigi continues to focus on network modernization, customer experience enhancement, and strategic expansion in digital services as it leads Malaysia's telecommunications sector.