YTL ... Mar12

YTL Communications Sdn Bhd, which is part of YTL Corp Bhd, is moving closer to profitability with the launch of its Unlimited Super Postpaid Plans.

The company is targeting to get 500,000 subscribers for the new plans by the end of 2012, bringing its total Yes subscribers close to a million, which is the break-even figure for the company.

Currently (Feb 2012), we have more than 300,000 Yes subscribers.

Yes is a brand under YTL Communications which offers 4G mobile Internet with voice service. The service was launched in November 2010.

Currently, YTL's mobile broadband network segment is still loss-making in terms of earnings due to start-up and fixed operating costs. However, the company saw an improvement in revenue in its latest quarter due to growth in subscriber base.

The company was not ruling out any merger and acquisition (M&A) plans should they “make sense”. It was reported that the YTL Group had approached Asiaspace Sdn Bhd and Green Packet Bhd, both fellow 4G players for possible M&A.

Industry observers said that it is extremely challenging for smaller firms to survive due to the high capital expenditure required in the industry and that merging some companies would be more ideal.

There are currently nine firms in the country which have licences to offer mobile services.