RHB raises CelcomDigi TP to US$0.90 as post-merger cost savings accelerate, enterprise and fibre sustain growth
- ID
- 14724
- Status
- summarized
- Published
- 17 Aug 2026, 10:50 AM
- Fetched
- 17 Aug 2026, 11:28 AM
- Provider
- Digital News Asia
- Category
- malaysia-tech
- Original URL
- https://www.digitalnewsasia.com/business/rhb-raises-celcomdigi-tp-us090-post-merger-cost-savings-accelerate-enterprise-and-fibre
- Source URL
- https://www.digitalnewsasia.com/rss.xml
Summary
- Score
- 4.5
- Created
- 17 Aug 2026, 11:28 AM
- Tags
- Audience
- saas_foundersdevelopers
What happened
RHB analyst Jeffrey Tan raised CelcomDigi's target price to RM3.70 (US$0.90) from RM3.50 after Q2 FY2026 results showed RM100M in quarterly operational savings (RM141M H1), about 30% of an upgraded RM470M FY2026 target. 90% of post-merger network integration is complete, with enterprise growth built around 5G, AI, cloud, and cybersecurity outpacing core mobile revenue.
Why it matters
CelcomDigi is consolidating as Malaysia's largest telco with an explicit enterprise push into 5G, AI, cloud, and cybersecurity—Malaysian SaaS founders and developers building on local infrastructure should track their enterprise offerings and API/partner programs as potential integration or competition points as they shift from integration mode to growth mode.
Discussion angle
With CelcomDigi moving from merger integration to enterprise growth in 5G/AI/cloud, what does a consolidated telco giant mean for Malaysian startups building on connectivity and cloud infrastructure—partner opportunity or gatekeeper risk?