Affin Research positive on Telekom Malaysia's purchase of Packet One

KUALA LUMPUR: Affin Investment Research is positive on Telekom Malaysia's (TM) acquisition of a 57% stake in Packet One (P1) as it expands TM's scope of providing broadband solutions.

It said on Friday, P1 should complement TM's existing business while there is limited overlap in terms of TM and P1's existing network coverage.

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Affin Investment Research , Telekom Malaysia , Packet One , broadband solutions , Green Packet , WiMax , Malaysian Communication and Multimedia Commission

   

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