According to AmBank Research, competition in the local cellular telco segment is expected to remain intense over the medium term, as repackaged data plans make their way to the market while the fixed broadband segment is expected to see rising pressure to improve price and speed.
KUALA LUMPUR: Telekom Malaysia and Tenaga Nasional have decided to shelve their proposed nationwide fiberisation plan with immediate effect.
Both companies announced to Bursa Malaysia they had mutually agreed to discontinue the MoU which was to collaborate to set up a detailed joint proposal for the plan.
However, they said this discontinuation, does not preclude them from considering other collaborations should there be future business opportunities that are beneficial to both parties.
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