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TM faces competition from TNB plan


Affin Hwang Capital Research, which became the latest brokerage to downgrade TM, has warned that the telecommunications player’s long-built market share could decline due to the possible emergence of new competitors in the broadband market.

Affin Hwang Capital Research, which became the latest brokerage to downgrade TM, has warned that the telecommunications player’s long-built market share could decline due to the possible emergence of new competitors in the broadband market.

PETALING JAYA: Telekom Malaysia Bhd (TM) risks losing its customers in the domestic fixed-line broadband scene if Tenaga Nasional Bhd ’s (TNB) National Fiberisation and Connectivity Plan (NFCP) pilot project becomes a long-term business arrangement.

Affin Hwang Capital Research, which became the latest brokerage to downgrade TM, has warned that the telecommunications player’s long-built market share could decline due to the possible emergence of new competitors in the broadband market.

Corporate News , Telcos , TM

   

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