LTE Subs in Malaysia to Reach 7.6 mln in 2018- Study

LTE subscribers in Malaysia are forecasted to grow from 265,000 in 2013 to 7.6 million in 2018, according to a recent study by IDC. The study also said that mobile data users will grow at a CAGR of 11 percent during the period, from 57% out of total mobile subscribers in 2013 to 89 percent in 2018. The growth will be mainly driven by the increase of low-tier smart devices and affordability of data packages. IDC also predicts mobile data revenue in Malaysia is expected to surpass mobile voice in 2017.

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