PETALING JAYA: Several research houses have maintained their “sell” calls on Telekom Malaysia Bhd (TM) as they expected the firm to continue facing stiff competition in the broadband space.
MIDF Research said the availability of Unifi 30Mbps basic plan to all segments of the market could lead to TM’s Unifi customers downgrading their respective broadband packages, which would in turn put pressure to its average revenue per user (Arpu).
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