Wednesday 10 July 2013

Analysts positive on Astro in long run

In all firms, the goal is to achieve maximum profit, and to achieve this goal is by making big changes in the company to further satisfy your customers. Saying this, Astro has done so successfully. Despite   of analyst estimates of slightly lower earnings in the first quarter ending April 30, research houses maintain a positive outlook on Astro Malaysia Holdings Bhd performance in the long run.


One of the biggest upgrades that Astro has made is changing the old Astro’s standard definition (SD) to Astro B.yond (HD). So far, 60% of 3.3 million homes with Astro are equipped with the new HD-enabled box and the take-up rate closed the year at 64%.



Astro-Maxis IPTV bundles are due to be launched in April 2013, a month later than analysts expected, but fear not, as the tie-up with Maxis is viewed as an additional means of delivery as well as opportunity to generate extra revenues from video-on-demand services and migration to Superpacks.


Done by, Isaac Nicklaus Pek, 0315378.

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