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Despite Telekom Malaysia Bhd's (TM) cautious guidance over revenue growth for its financial year ending Dec 31, 2025 (FY25), the investment community is mostly positive on the company's outlook
KUALA LUMPUR: Telekom Malaysia Bhd's (TM) net profit rose 7.8 per cent to RM2.01 billion for the financial year ended Dec 31, 2024 (FY2024) from RM1.87 billion recorded a year ago, due to lower net finance costs and the recognition of remaining one-off tax credits.
Telekom Malaysia Bhd is allocating a significant portion of the company's capital expenditure (capex) for 2025 on enhancing the fibre network to support the expansion of unified broadband services.
KUALA LUMPUR: Here are the announcements that made headlines in Corporate Malaysia.
PETALING JAYA: Telekom Malaysia Bhd (TM) has turned aggressive to defend and expand its Unifi's market share as competition continues to intensify in the fixed broadband and mobile segments.
PETALING JAYA: Telekom Malaysia Bhd (TM) has turned aggressive to defend and expand its Unifi market share as competition continues to intensify in the fixed broadband and mobile segments.
Telekom Malaysia has announced that it is completely phasing out its copper digital subscriber line (DSL) services on Feb 28.
PETALING JAYA: Telekom Malaysia Bhd (TM) expects the rollout of the second 5G network in the country to bolster its revenue growth.
PETALING JAYA: Taekwondo Malaysia (TM) have secured bids to host five major Asian Taekwondo championships in Kuching, Sarawak, in 2025 with strong support from the state government.
PETALING JAYA: Telekom Malaysia Bhd (TM) has entered a strategic partnership with Perusahaan Otomobil Kedua Sdn Bhd (Perodua) to drive advancements in electric vehicle (EV) development, digital innovation and sustainable growth.
PETALING JAYA: Telekom Malaysia Bhd (TM) has entered a strategic partnership with Perusahaan Otomobil Kedua Sdn Bhd (Perodua) to drive advancements in electric vehicle (EV) development, digital innovation and sustainable growth.
Telekom Malaysia Bhd’s (TM) business-to-business arm, TM One, and Sarawak Digital Economy Corp Bhd (SDEC) have extended their partnership to strengthen Sarawak’s digital economy, digital society and government services through enhanced connectivity.
KUALA LUMPUR: Telekom Malaysia Bhd (TM) has bolstered its digital infrastructure with the introduction of GPU-as-a-Service (GPUaaS), aimed at strengthening Malaysia’s artificial intelligence (AI) ecosystem and accelerating digital transformation.
KUALA LUMPUR: Telekom Malaysia Bhd (TM) has signed a memorandum of understanding (MoU) with Petroliam Nasional Bhd's (Petronas) digital arm Petronas Digital Sdn Bhd and Gentari Sdn Bhd to accelerate digital transformation and sustainable innovation for industries and the nation.
KUALA LUMPUR: Stocks to watch today include Capital A Bhd, Tuju Setia Bhd, Tenaga Nasional Bhd (TNB), Coastal Contracts Bhd, Dagang Nexchange Bhd (DNeX), Powerwell Holdings Bhd and Telekom Malaysia Bhd (TM).
KUALA LUMPUR: The termination of the share subscription agreement (SSA) between Digital Nasional Bhd (DNB) and Telekom Malaysia Bhd (TM) will not jeopardise 5G access for the latter’s customers, said Digital Minister Gobind Singh Deo.
Telekom Malaysia Bhd (TM) will keep up its cost optimisation exercise as earnings before interest and tax (Ebit) improves for the first nine months of 2024 compared to last year, with an aim to deliver optimal return to shareholders.
KUALA LUMPUR: Telekom Malaysia Bhd (TM) recorded a decline in its net profit for the third quarter ended Sept 30, 2024 (3Q FY2024) to RM465.03 million from RM538.19 million in the same quarter in 2023.
KUALA LUMPUR: TM Global, the wholesale arm of Telekom Malaysia Bhd (TM), will expand its Klang Valley Data Centre (KVDC) in Cyberjaya and the Iskandar Puteri Data Centre (IPDC) in Johor to meet surging demand for local and international data hosting services.
PETALING JAYA: Telekom Malaysia Bhd’s (TM) core digital infrastructure assets ownership makes it a key connectivity play in the country, but concern lies in its ability to grow its revenue ahead, analysts say.
