ALTEL Communications Sdn Bhd aims to rope in 150,000 subscribers within a year for its prepaid pack which was launched yesterday.
The company expects about RM4.5 million revenue within the next 12 months from the targeted number of subscribers.
"We're estimating an average revenue per user of between RM32 and RM35 per month, so with 150,000 subscribers, you will get about RM4.5 million," Altel chief executive officer Nik Abdul Aziz Nik Yaacob told reporters at the launch, here, yesterday.
The prepaid pack is sold at RM7 and comes pre-loaded with RM5 airtime credit. Its reloads are priced at RM5, RM10, RM30 and RM50.
Altel expects to launch its post-paid product in the second quarter of next year.
The company, which is currently operating on a mobile virtual network operator model with Celcom Axiata Bhd being its principal, provides both voice and non-voice services, including high-speed downlink packet access broadband.
"By the end of this year, we will launch our LTE (long-term evolution) broadband services for prepaid users. It will ride on our principal's platform," he said, adding that the company will start rolling out its own LTE services next year.
On distribution channels, Nik Abdul Aziz said the company has appointed eight main distributors and has more than 200 dealers nationwide.
It aims to have a total of 6,000 dealers in the first half of next year.
The company also has three Altel outlets in the Klang Valley and Johor Baru, which will offer product bundling.
Nik Abdul Aziz said the company will open three Altel outlets in Shah Alam, Petaling Jaya and Sungai Buloh by the end of the month to strengthen its position.
"We have also signed agreements with terminal vendors, like e-pay and MOL, which provide speed access in terms of reloads to customers.
"Altel users will be able to buy reloads from more than 8,000 e-pay vendors nationwide. Wherever there are terminals available for other operators, we will be there as well."
Altel, which was awarded the LTE 2.6-gigahertz spectrum by the Malaysian Communications and Multimedia Commission, is set to become a full-fledged telco once it has put in place an infrastructure network to roll out super-fast fourth-generation broadband services.