PETALING JAYA: Telekom Malaysia Bhd’s (TM) bid to be a converged telecoms player with its acquisition of Packet One Networks (M) Sdn Bhd (P1) could yield long-term strategic opportunities if executed well, said Nomura Research analysts.
Its Asean telco analysts said, however, there were also questions regarding TM’s market entry strategy, network rollout plans and capital expenditure risks, among others, with a key investor concern being whether it could take on mobile players.
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