CelcomDigi stock reports a 5G financing milestone in Malaysia

Published on 10/04/2026 at 15:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CelcomDigi stock was last at MYR 2.52 on October 2, 2026, after the company highlighted a MYR 5.2 billion 5G financing milestone. Q2 net profit fell to MYR 398 million, while fiber revenue grew 33.8 percent.

CelcomDigi, MYL6947OO005, Illustration mit AI erstellt.

CelcomDigi stock (ISIN MYL6947OO005) was last at MYR 2.52 on Bursa Malaysia on October 2, 2026, up 0.40 percent on the session and giving the company a MYR 29.6 billion market capitalization. The latest company development is a 5G infrastructure milestone: CelcomDigi said on October 1, 2026, that Digital Nasional Berhad had completed a MYR 5.2 billion financing exercise and received its long-term 5G spectrum allocation.

5G funding changes the near term

The financing matters because CelcomDigi is progressing toward becoming a shareholder in Digital Nasional alongside other Malaysian mobile operators. The company said the process also includes the transfer of the Minister of Finance Incorporated shareholding to the mobile network operators, linking the financing step with the future structure of Malaysia's 5G network.

For the stock, the key issue is execution rather than the headline funding amount. Lower required capital contributions would support cash discipline, while the eventual ownership structure could affect Digital Nasional's losses and the pace of network expansion.

Q2 profit fell while fiber expanded

BernamaBiz reported on August 14, 2026, that CelcomDigi's Q2 FY2026 net profit fell to MYR 398 million from MYR 439 million a year earlier. That is a decline of 9.3 percent, making profitability the clearest counterweight to the 5G investment narrative.

The operating mix was more constructive in fixed connectivity. According to The Star on September 9, 2026, CelcomDigi's fiber revenue grew 33.8 percent year over year in Q2 FY2026, while prepaid revenue contracted 4.2 percent. The contrast shows where management must replace weaker prepaid trends with broadband and convergence growth.

Analyst target stays above the stock

CGS International kept an Add rating and a MYR 2.84 target price in a note reported by TradingView on October 2, 2026. The target lies 12.7 percent above the MYR 2.52 Bursa Malaysia price, although the same report described the shares as unchanged at MYR 2.51 when the analyst note was issued.

CGS also identified the third-quarter results, due in November, as a potential near-term catalyst and said a Digital Nasional stake acquisition could be completed within weeks. That view makes the next earnings release and the terms of the infrastructure ownership the two most important checkpoints for the stock.

CelcomDigi stock holds at MYR 2.52

CelcomDigi stock was last at MYR 2.52 on Bursa Malaysia on October 2, 2026, with a daily gain of 0.40 percent and volume of 1,789,000 shares. The company is valued at MYR 29.6 billion, while its Q2 profit trend remains weaker than its fiber growth.