Wednesday, November 3, 2010

REDtone to double contributions from voice, China ops

KUALA LUMPUR: REDTONE INTERNATIONAL BHD [] hopes to double the contribution from its voice segment and China operations from 25% of total group revenue currently to 50% by 2015.

Group CEO Zainal Amanshah said on Wednesday, Nov 3 that at present, data and broadband contributed 75% of total revenue, adding additional investments would be required to grow its voice and other businesses.

To-date, REDtone had invested more than RM50 million in capital expenditure and operating expenditure.

He also said REDtone was ready to submit its detailed business plan on the 2.6GHz spectrum to the MCMC provided the regulator could finalise its requirements.


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