Telekom Malaysia said revenue for the first half ended June 30, 2013 rose 4.8% to RM5 billion from the RM4.8 billion recorded in the corresponding period last year, driven mainly by data, Internet and multimedia services, particularly its UniFi high-speed broadband offering.
Telekom Malaysia has signed an MoU with Temasya Development, a Selangor-based property developer, to provide its high speed broadband services to the latter’s residential development project in Bandar Glenmarie in the state capital of Shah Alam.
The Asean cloud computing market is full of opportunities for both local and regional telcos. With increasing market awareness and mature solutions coming into the picture, the market is expected to accelerate and gain critical mass, write Mayank Kapoor & Ganesan Periakarruppan of Frost & Sullivan.
TM has launched a business solution for the hospitality industry, targeted at buildings with high tenancy rates, particularly hotels.
The Malaysian Government is very receptive to policy lobbying when it comes from industry associations, say the folks at TeAM.
Telekom Malaysia reported that group revenues in the first quarter edged up 1.7% to RM2.42 billion from RM2.38 billion in the corresponding period last year, mainly driven by Internet and data services, particularly its UniFi high-speed broadband (HSBB) service.
TM said its shareholders approved all the resolutions proposed at its 28th AGM held May 7, adding that more than 2,000 shareholders attended to vote for the 11 resolutions that were tabled.
The strategic tie-up between Measat Broadcast Network Systems and Maxis Communications in a deal signed on April 30 for the former to provide IPTV (Internet Protocol Television) to the latter’s subscribers is expected to be a win-win situation for both service providers, says an industry analyst.
TM has signed an agreement with five other regional telco players – Vodafone Group, UAE’s Etisalat, Sri Lanka’s Dialog Axiata, India’s Reliance Jio Infocomm Limited, and Omantel of Oman – to form a consortium to establish the Bay of Bengal Gateway (BBG) submarine cable system.
Telekom Malaysia has officially launched its SME BizFest for the second year running, at its Menara TM headquarters in Kuala Lumpur.