Telekom Malaysia Bhd
is unlikely to float Celcom (M) Bhd on Bursa Malaysia “anytime soon” given that future growth is definitely more visible on Celcom than the parent company, says OSK Research.
In a research note, the stockbroking firm said the value of Telekom was found in its cellular service division – Celcom – which accounted for one-third of the telco's revenue.
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