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 iPhone Club v11 - iPhone related news & Questions, Super-N00b FAQ/Q&A Thread

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jiahuil
post Mar 2 2010, 03:02 AM

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It's official! Digi will be offering iPhone packages within 1st half of 2010. Finally, welcomed competition to Maxis has arrived! Check out their website:

http://www.digi.com.my/iphone/index.do


Digi to Sell IPhone in Malaysia, Taking on Maxis (Update3) from Bloomberg

March 1 (Bloomberg) -- Digi.Com Bhd., the Malaysian mobile- phone company controlled by Norway’s Telenor ASA, signed an agreement to sell Apple Inc.’s iPhone in Malaysia to tap growth in a market that it forecasts will surge 10-fold in five years.

“Growth is coming back this year,” Digi’s Chief Executive Officer Johan Dennelind said in an interview with Bloomberg television in Kuala Lumpur today. Digi will start selling iPhone 3G and 3GS in “coming months,” he said.

The three-year agreement will help Digi increase sales more than 5 percent this year, higher than the industry average, Dennelind said. Digi’s sales rose 2 percent last year, slowing from 10 percent in 2008 as Malaysia’s economy shrank 1.7 percent. The government forecasts economic growth of more than 4 percent this year.

The deal will end Maxis Communications Bhd.’s monopoly on selling iPhones in Malaysia. Phone companies are focusing on data sales in the nation of 27 million people as smartphones become increasingly popular to access the Internet. Malaysia has more mobile phones than people, offering limited growth in voice calls.

“The competition is going to be brutal,” said Scott Lim, who manages the equivalent of $670 million, including Maxis shares, as chief executive officer of MIDF Amanah Asset Management Bhd. in Kuala Lumpur.

This post has been edited by jiahuil: Mar 2 2010, 03:34 AM

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