Medium to long-term investment outlook looks promising! ๐๏ธ๐๐๐
"Cost optimization should still be a key narrative for media participants. Astro Malaysia Holdings Bhd (KL: ASTRO) previously disclosed that improvements to its customer support system reduced costs by a third, further digitalization of processes is expected to save additional operational expenses (opex) in the long term."
"We note that it is also moving its broadcast services to the cloud, which will eliminate costs associated with maintaining legacy systems."
The House of Representatives stated: "Astro will also save between 10 million to 15 million ringgit in operating, depreciation, and interest costs per quarter from the retirement of six transponders on Measat-3a, with Measat-3a expected to end in July."
"We note that it is also moving its broadcast services to the cloud, which will eliminate costs associated with maintaining legacy systems."
The House of Representatives stated: "Astro will also save between 10 million to 15 million ringgit in operating, depreciation, and interest costs per quarter from the retirement of six transponders on Measat-3a, with Measat-3a expected to end in July."
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