TM seen benefiting from media convergence products


The local mobile industry is expected to record a slightly better service revenue growth of 2.8% in 2015, while the fixed-line incumbent Telekom Malaysia Bhd

PETALING JAYA: Increasing product convergence propositions, such as internet protocol television (IPTV), over-the-top (OTT) applications and mobile service provider webe could translate into greater earnings and subscriber quality for Telekom Malaysia Bhd (TM) over the long run, said RHB Research.

In addition, the research house expects near-term earnings growth to continue to be powered by data demand, such as broadband rollouts of High Speed Broadband 2 (HSBB2) and Sub Urban Broadband (SUBB), greater demand for higher speeds as well as greater bandwidth sales.

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