Astro unit to use Measat satellite transponders for RM1.49b

18 Apr 2019 - The Star Online
KUALA LUMPUR: Astro Malaysia Holdings Bhd's unit has inked a US$360mil (RM1.49bil) agreement with Measat Global Bhd to use the 12 transponders on the latter's satellite over a 15-year period. The pay-TV operator announced on Thursday its unit Measat Broadcast Network Systems Sdn Bhd (MBNS) had signed ...
klse:6399

---

Quick take: Astro sees selling pressure on 4Q earnings results

27 Mar 2019 - The Star Online
KUALA LUMPUR: Astro Malaysia Holdings Bhd came under slight selling pressure in morning trade following the release of its 4QFY19 earnings results yesterday. At 9.28am, the counter was trading two sen or 1.3% lower at RM1.51 a share on the back of 284,500 units traded.
klse:6399

---

AllianceDBS trims FY20-21 earnings estimates for Astro

27 Mar 2019 - The Star Online
KUALA LUMPUR: Astro Malaysia Holdings Bhd continues to see a challenging year ahead amid structural changes in the global content and media industry as well as the threat of piracy, says AllianceDBS research. In a research note, AllianceDBS trimmed its FY20-21 earnings forecasts by 4-5%. It maintained ...
klse:6399

---

Astro FY19 profit slumps on higher sports content cost, VSS and forex losses

26 Mar 2019 - The Star Online
KUALA LUMPUR: Astro Malaysia Holdings Bhd said it is reviewing its business after the pay TV operator reported its lowest annual net profit in five years. The media company expects financial year ending Jan 31, 2020 (FY20) to be another challenging year.
klse:6399

---

Astro to gain if Android TV boxes banned

29 Jan 2019 - The Star Online
PETALING JAYA: In view of Singapore’s proposal to ban the sale of media streaming boxes in the country, analysts say Astro Malaysia Holdings Bhd may reap benefits if Malaysia follows suit. Earlier this month, Singapore’s Law Ministry said it was proposing a ban on the sale of set-top boxes or media streaming ...
klse:6399

---

CIMB Research retains Add for Astro, TP RM1.75

22 Jan 2019 - The Star Online
KUALA LUMPUR: CIMB Equities Research is maintaining its Add call for Astro Malaysian with an unchanged target price (TP) of RM1.75. The research house said on Tuesday the pay-TV company has been able to stay ahead of the curve over the years by constantly evolving in a sector that is in a permanent state ...
klse:6399

---

Potential income for Astro

9 Jan 2019 - The Star Online
PETALING JAYA: The opening of Tenaga Nasional Bhd ’s (TNB) fibre optic system as an alternative high-speed broadband (HSBB) network will allow for faster Internet access while allowing the entry of new players including Astro Malaysia Holdings Bhd. Astro, which relies on satellite communications to broadcast ...
klse:6399 klse:5347

---

Astro launches bundled broadband with content offering

8 Jan 2019 - The Star Online
KUALA LUMPUR: Astro Malaysia Holdings Bhd raised the ante in the broadband space with its bundled broadband with content offering, starting with its pilot project in Jasin, Melaka. The offering will provide residents with internet connections as well as Astro’s best-in-class content, it said in a statement ...
klse:6399

---

Astro to offer VSS

8 Dec 2018 - The Star Online
PETALING JAYA: In a strategic review of its business to strengthen its position in the market, Astro Malaysia Holdings Bhd will be undertaking a voluntary separation scheme (VSS) for its employees, offered purely on a voluntary basis. According to a source, Astro is expecting to save 15% or an estimated ...
klse:6399

---

Astro undertakes VSS to strengthen market position

7 Dec 2018 - The Star Online
KUALA LUMPUR: Astro Malaysia Holdings Bhd will be undertaking a voluntary separation scheme (VSS) in a strategic review of its business to strengthen its position in the market. In a statement, the pay TV operator said the VSS will be offered purely on a voluntary basis, and that a transition programme ...
klse:6399

---