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Digi Appoints Lars-Ake Norling as New Chairman; Boasts Total 12mil Subs with Over 5mil 4G Subs

Digi Appoints Lars-Ake Norling as New Chairman; Boasts Total 12mil Subs with Over 5mil 4G Subs Image Credit: Telenor

Digi Malaysia, which is part of the Telenor Group of Norway, has appointed Lars-Ake Norling as Chairman of the Board wher he succeeds Morten Karlsen Sørby who has been Digi’s Chairman since August 2015.

Norling, 48, is currently Telenor Groups’ Executive Vice-President for Developed Asia Cluster, and Director and CEO of Total Access Communication Public Company Limited (dtac), Thailand. A Swedish national, Norling joined fixed broadband provider Bredbandsbolaget in 1999, where he held various senior positions such as Chief Information Officer, Chief Technology Officer and Chief Operating Officer.

The third largest mobile operator in the country recently also announced its 2nd quarter results. Digi postpaid subscriber growth continued with net additions of 103,000 to 2.3 million, representing a 4.7% increase sequentially while its prepaid subscriber base also strengthened 151,000 to 9.7 million, bringing its overall subscriber base to a strong 12.0 million.

An overall growth stimulated by the increasing adoption of Digi’s 4G+ services accounting for 5.3 million 4G LTE subscribers now on its network using 1.4 times more data than last year.

The company attributes Malaysians’ increasing confidence in Digi as a preferred digital partner to its focus on providing a compelling combination of relevant digital products and services, and the improved quality of its nationwide 4G+ network further strengthened by the recent launch of its LTE 900Mhz sites on 1 July 2017.

Morten Karlsen, Outgoing Chairman of Board, Digi
I’m proud to have been part of Digi’s development over the years and would like to thank the Board, Management and Digizens for the opportunity to serve as the Company’s Chairman. Lars-Ake knows Digi well, and I’m confident he will aptly guide the company in its journey forward leveraging on his in–market experience and operational knowledge.

Albern Murty, CEO, Digi 
While this continued to be a challenging quarter for the industry, we have delivered resilient performance to sustain healthy margins and returns, with earnings driven by the strong uptake momentum of our internet and digital services offerings in both our postpaid, prepaid, enterprise businesses, and most recently, our IoT business. 

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Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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