I recently decided to switch my mobile provider from Maxis to Digi.com. This was after years of using a mobile provider that hardly provided me with any coverage most of the time. However, when I made the switch to Digi.com, it got me thinking about the telecommunications industry. I remembered when I was young, there were only two telcos in Malaysia: Celcom and Maxis. Digi.com was then a small telco startup with bad coverage and bad service.
Yet, in the last 20 years, Digi.com has grown to be on par with the two incumbents, with revenues close to RM6.6 billion in 2016. Although Digi.com Berhad (Bursa: 6947) is now one of the largest companies listed on Bursa Malaysia with a market capitalization of about RM39.0 billion, the company might still be worth a look at for investors. In fact, here are five reasons ......