KUALA LUMPUR: Telekom Malaysia Bhd (TM) has revised downwards its revenue growth and capital expenditure (capex) for the year, citing increasing regulatory pressures, intensifying competition and the potential revision in broadband prices.
The group revised its key performance indicator for revenue growth to -1% to flat growth, from a targeted 3.5% to 4% growth previously, and its earnings before interest and tax to about RM1bil.
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