Received from the comment section a few days ago:
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There will be a potential big movement in the telecoms market for the next few weeks. Major shake up is imminent.
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The end of results season in February uncovered an interesting trend for telecommunication (telco) players: different strategies gave way to different results.
Overall, the telco sector recorded a mixed bag of mixed fourth quarter of financial year 2016 (4QFY16) results, with Maxis Bhd (Maxis) emerging as the stronger player over its competitor Celcom Axiata Bhd (Celcom) and Digi.Com Bhd (Digi).
Just heard this latest news from Celcom which happened about a month ago.
Thought things would have been calmer in Celcom, however we were informed today about another shocker, that they are planning to do a little bit of downsizing, where dozens of upper management staff will be laid off soon! 230 more words
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Perak and Penang to dismantle thousands of telco towers
IPOH: The Perak government is to dismantle all illegally erected telecommunications towers and those for which the annual permits have not been paid.