Time dotCom has posted revenues of MYR81.3 million (USD25.9 million) for the first quarter of 2011, up from MYR70.1 million year-on-year on the back of increased sales from data products and services within the Wholesale and Enterprise segments. Voice revenues slipped 1.1% to MYR18.2 million but this was more than offset by a 21.3% hike in data revenues to MYR62 million. EBITDA came in at MYR23.5 million, up 23% year-on-year. Despite the positive results, Time warned that 2012 was shaping up to be a ‘challenging year’, and that it was focused on integrating its recent acquisitions, Aims Group, which operates data centres, and Global Transit Communications, a regional internet service and backhaul provider.
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