Fitch: Telekom Malaysia to face stiffer competition in data segment


KUALA LUMPUR: Fitch Ratings expects Telekom Malaysia Bhd (TM, A-/Stable) to face higher competition in the fast-growing, increasingly important data segment in 2013, especially from the "resellers".

The international ratings agency said on Friday competition in the Malaysian data segment will intensify as eight 4G/Long Term Evolution (LTE) spectrum owners, which won spectrum in December 2012, will launch services in 2013.

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