Digi.Com Bhd Q4 2021 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Frank Maa° - DNB Markets, Research Division - Analyst : Yes. So my question goes to the speaking to the guidance for 2022. So my -- if you could help me out a little bit on the thinking behind the EBITDA element, in particular. So given the signs of macro recovery, the favorable potentially -- the upcoming market consolidation even the ongoing stabilization and shift towards postpaid continuing. So we have the top line trend that should be favorable as you point out in the guidance. But then on the cost side, you do have operational leverage, strong underlying OpEx trends and on the positive side. And of course, there are some inflationary forces there as well. So if you could help me kind of pan out the details a little bit on how you reach the flatness on the EBITDA side, which seems a little bit on the -- that you're erring on the -- preferring to err on the side of caution here, perhaps in a year with many moving parts including the 5G joint venture coming on stream and also the merger?