Published: Thursday June 3, 2010 MYT 2:42:00 PM
KUALA LUMPUR: Celcom Axiata Bhd plans to spend RM3bil over the next three years in capital expenditure (capex) to further strengthen its market position and improve its infrastructure.
Chief executive officer Datuk Seri Shazalli Ramly told reporters Thursday that the firm would spend about RM1bil each year and majority of it would be for information technology and network building.
It spent RM780mil capex in 2009.
For its first quarter ended March 31, Celcom posted a profit after tax and minority interest (patami) of RM441mil,a 24.2% increase from RM357mil a year ago.
Its revenue improved 15% to RM1.7bil compared to the last corresponding period.
http://biz.thestar.com.my/news/story.asp?file=/2010/6/3/business/20100603144440&sec=business
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