CelcomDigi accepts MYR 381.75 million award: RHB sets MYR 3.70 target for CelcomDigi stock

Published on 10/20/2026 at 03:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CelcomDigi raised its fiscal year 2026 savings target to MYR 470 million. CelcomDigi stock has a MYR 29.0 billion market value on October 20, 2026.

Operating costs shape the outlook

CelcomDigi accepted a MYR 381.75 million spectrum award on October 15, 2026.
The fiscal year 2026 savings target stands at MYR 470 million.
CelcomDigi has a MYR 29.0 billion market value as of October 20, 2026.

CelcomDigi, MYL6947OO005, Illustration mit AI erstellt.

CelcomDigi (ISIN MYL6947OO005) accepted spectrum assignments carrying MYR 381.75 million in fees on October 15, 2026, giving its network strategy a fresh financial test. KLSE Screener reported that the award covers 2x20MHz in the 2600MHz band for four years and 2x5MHz in the 900MHz band for five years. RHB Research kept a MYR 3.70 target for the stock on October 16, 2026, according to The Star.

Spectrum fees test execution

The immediate issue is whether additional spectrum improves capacity without weakening cash returns. HLIB said the costs could be offset by capital expenditure savings and lower network expenses, while it maintained a MYR 3.70 target for CelcomDigi, KLSE Screener said on October 16, 2026. That target sits alongside a fiscal year 2026 operating expenditure savings goal of MYR 470 million, compared with MYR 450 million previously.

What will the award change?

The financial cushion is measurable but not unlimited. CelcomDigi reported first-half 2026 net profit of MYR 816 million, down 0.85 percent from MYR 823 million, while revenue rose 0.10 percent to MYR 6.34 billion, according to IT Boltwise on October 7, 2026. The company also realized MYR 141 million in savings during the first half, including MYR 100 million in the second quarter. For investors, spectrum spending therefore matters most through its effect on the savings program and network efficiency.

Three dates frame the next steps

On August 14, 2026, CelcomDigi reported first-half net profit of MYR 816 million through its second-quarter results. On October 1, 2026, the company highlighted Digital Nasional Berhad financing of MYR 5.2 billion in its 5G update. On October 15, 2026, it accepted the spectrum award carrying MYR 381.75 million in fees, according to CelcomDigi and KLSE Screener.

The next two dates

October 23, 2026 is the scheduled availability date for CelcomDigi's iPhone Duo offer, while November 19, 2026 is the date cited for Digital Nasional Berhad's third-quarter results, according to CelcomDigi and The Star.

MYR 29.0 billion market value

CelcomDigi stock was last at MYR 2.47 on Bursa Malaysia at 9:15 a.m. MYT on October 20, 2026. Its market capitalization was MYR 29.0 billion, with a 52-week range of MYR 2.44 to MYR 3.76.