DUBLIN: The "Malaysia Telecoms Industry Report: 2024 - 2031" has been added to ResearchAndMarkets.com's offering.

The Malaysia Telecoms Industry Report, 2024-2031 includes a comprehensive review of the Malaysia market dynamics, market sizing, market forecasts, analysis, insights and key trends and also features the following:

• Overall Telecommunications Market by Major Operators
• Telco Operators Profile, Revenue and EBITDA Mix
• Mobile Subscribers & Revenue Market Overview and Forecasts
• Spectrum Holdings
• IoT Market Overview
• Broadband Subscribers & Revenue Market Overview and Forecasts
• Digital Infrastructure (Fibre, Telecom Towers, Data Centres, Submarine Cables)
• Telecom Tower Market Analysis and Forecast
• Thematics/Opportunities relating to 5G, M&A and e-Commerce
• Telco M&A Transaction Database

The Malaysian telecommunications market is a thriving mobile market with four large network operators, an incumbent fixed-line provider with a near-monopoly and the overall market underpinned by strong economic fundamentals, albeit some political uncertainties.

Key Developments:

• The merger of Celcom and Digi is now complete and became the largest telecommunications operator in Malaysia
• 5G rollout in Malaysia is underway with 61% of the country covered but undertaken by a wholesale government monopoly via a special purpose vehicle, Digital Nasional Berhad (DNB)
• A group of five mobile operators bought a 70% stake in Digital Nasional Bhd (DNB). DNB would offer discounted pricing for 5G wholesale access until the 80% nationwide coverage target is achieved by the end of 2024
• Malaysia's 3G network was shut down in early 2022

Mobile subscriptions are forecast to continue to grow in the 2023-30 period and fixed broadband subscribers will also continue to grow and increase its household penetration over the same period. Over the last 2 years, Malaysia made tremendous progress in improving its FTTH footprint and providing services with speeds of 100Mbps and over two-thirds of the broadband subscribers.

4G speeds also improved with over 50% of 4G sites now equipped with fibre backhaul as well as 4G coverage reaching over 97% of the population. 5G take-up remains slow with operators dragging their feet to sign-up to resell 5G services from the wholesale DNB network.

Mobile subscriber numbers and revenue are growing strongly and the back of population growth and the market shift to postpaid. The publisher forecasts 40m 5G subscribers by 2031. Overall telecoms revenue is expected to grow through to 2031 after a marked slow down in 2019 and 2020 due to legacy voice revenue pressure partially offset by mobile data and fixed broadband growth.

Capex Investments

The Capex to GDP ratio remained relatively stable between 2015 and 2018 but has been sliding in 2019 and growing again with DNB building its 5G network from 2022 onwards through to 2027. Telekom Malaysia nearly halved its Capex in 2019 but boosted back its FTTH investments in 2023 while Maxis, CelcomDigi have more consistent investment profiles.

Mobile Subscribers and Revenue

• Over the last five years, the market shifted to postpaid as subscribers move to with increased data allowances. Overall, the number of prepaid subscribers decreased significantly. Mobile network operators are facing competitive pressure with the market shifting to legacy prepaid voice and SMS to data-centric usage increasingly becoming the sole offering differentiator.
• According to a benchmark study of mobile data pricing, India has the lowest rate per GB at just a few cents per GB, while Australia and China had the biggest cost reduction per GB mostly due to increased data allowance in plans while Singapore remains expensive. Malaysia has the highest monthly download per user while pricing per GB decreased by half for Malaysian users.

Broadband Subscribers - FTTH Push and Fixed Wireless

• The Jendela initiative is a Malaysian government program of building full-fibre networks to homes, businesses and government buildings covering 98% of the population by the end of 2025 as well as providing 100% 4G coverage with minimum speeds of 100Mbps.
• The broadband market is now experiencing strong growth mostly driven by competition by TIME, Celcom, Maxis and CelcomDigi with Telekom Malaysia still the dominant fixed broadband incumbent.

Telecom Tower Infrastructure getting a boost from the Jendela initiative

• The Malaysian telecom towers is reaching an estimated over 44,710 towers in 2022. The largest tower company (towerco) is edotco, the infrastructure arm of Axiata also the owner of Celcom, one of the original Malaysian mobile network operators. edotco grew out of the original carve-out of from Celcom.
• The remaining share of the towerco market is relatively fragmented owned by mobile operators, Maxis, DiGi, Celcom, U Mobile and Telekom Malaysia. The 13 State-backed telecommunications infrastructure companies are also controlling a large swath of regional coverage, leaving only a small share to private independent towercos.
• Mobile operators must contend with the current de-facto exclusivity arrangements for some state-backed companies controlling infrastructure rollout and permits at the state level. In general, the industry structure is quite fragmented and we are expecting MNO tower divestments and towercos consolidation in the future, which will improve industry economics and improve the speed of implementation.

Telecoms Infrastructure/5G/M&A/e-Commerce

Infrastructure funds, pension funds and government funds are assigning high valuation multiples to telecommunications infrastructure assets such as mobile towers, data centres, submarine cable and fibre infrastructure.

Investment funds are assigning high valuation multiples to telecommunications infrastructure assets such as mobile towers, data centres, submarine cable and fibre infrastructure. This report outlines some real market examples of how investors view and value these investments with real industry examples and EV/EBITDA comparatives and benchmarks.

The next wave of transactions is likely to continue being about "scale" among small ISPs and largely about infrastructure for Telekom Malaysia, Maxis, Axiata and Digi.

In most markets, telcos operators increasingly find inorganic market growth very challenging, provided the limited scope for M&A due to regulatory barriers.

The arrival of 4G moved the Internet off our desktops into our palms and pockets, 5G could transform the network from something we carry around to something taking us around either virtually (augmented reality or virtual reality) or in reality (autonomous vehicles), the 5G outcome and benefits beyond fast connectivity remain largely unknown in terms of business models, investments required and timeline.

Companies Featured

• Allo
• Altel
• Astro
• Axiata
• Celcom
• CelcomDigi
• Digi
• edotco
• Maxis
• OCK
• REDtone
• Sacofa
• Telekom Malaysia
• TIME dotCom
• U Mobile
• Usaha Tegas
• ViewQuest
• YTL

Key Topics Covered:

1 Key Statistics

1.1 Malaysia Population

1.2 Malaysia's Economy

1.3 Malaysia's GDP

2 Overall Telecommunications Market, 2017-2031

2.1 Market Overview

2.2 Historical Telecommunications Market Revenue, 2017-2023

2.3 Overall Telecommunications Market Forecast, 2023-2031

2.4 Telecommunications Market Capital Expenditure, 2017-2031

3 Telecommunications Operators Profile

3.1 Telekom Malaysia Profile

3.2 Maxis Profile

3.3 CelcomDigi Profile

3.4 Time dotCOM Profile

3.5 U Mobile Profile

3.6 Digital Nasional Berhad Profile

3.7 Other Players Profile

4 Mobile market

4.1 Mobile Subscribers Historical and Forecast, 2017-2031

4.2 Mobile Revenue Historical and Forecast, 2017-2031

4.3 Spectrum Holdings

4.4 Mobile Download Data and Pricing Trends

4.5 Mobile Speed Tests

4.6 Internet of Things (IoT)

5 Broadband Market

5.1 Fixed Broadband Subscribers Historical, 2017-2023

5.2 Fixed Broadband Subscribers Forecast, 2023-2031

6 Satellite Internet Connectivity

6.1 Comparing LEO, MEO, and GEO Satellite Orbits

6.2 Satellite Broadband Providers Operators, 2023

6.3 5G NTN: The Next Generation of Satellite Connectivity

6.4 Satellite Internet Market Analysis, 2023-2031

6.5 Malaysia Satellite Broadband Subscribers Forecast, 2023-2031

7 Fixed Telecommunications Infrastructure Investments

7.1 Government Plans - HSBB and NFCP (2010-2020)

7.2 Government Plans - Jendela (2020-2025)

7.3 Submarine Cables

8 Malaysia Telecom Towers Infrastructure Landscape

8.1 Malaysia Telecom Towers Market Analysis, 2023

8.2 Malaysia Telecom Towers & Rooftops Market Forecast

8.3 edotco Profile

8.4 Sacofa Profile

8.5 OCK Profile

8.6 Edgepoint Towers Profile

8.7 State-Backed TowerCos Profile

8.8 Telco Infrastructure Comparative

9 Thematics/Opportunities

9.1 Going for Scale

9.2 Going for Scope

9.3 New Telco Operating Model

9.3.1 The Attraction of Infrastructure Multiples

9.4 6G Developments

10 Telco M&A Transactions Database

For more information about this report visit https://www.researchandmarkets.com/r/brk6c

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Fonte: Business Wire