KUALA LUMPUR: Telekom Malaysia Bhd
(TM) saw RM714mil wiped out from its market capitalisation on Friday as investors worried about the impact of greater competition in the provision of broadband via fibre.
It ended the day down 4.9% or 19 sen to RM3.68, which was the lowest since July 18. Its recent low was RM3.06 on June 28.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
