S&P Ratings: TM's investment in Packet One to boost competitive edge


KUALA LUMPUR: Standard & Poor's Ratings Services expects Telekom Malaysia's competitive position to improve in the next five years following its investment in Packet One Networks Malaysia Sdn  Bhd (P1).

Its credit analyst Mehul Sukkawala said on Thursday tThe investment would enable TM to provide wireless services to complement its current triple-play services of fixed, broadband, and Internet protocol TV.

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