Communications, multimedia industry market cap hits RM144b


Capital expenditure for the telecommunications sector was recorded at RM4.6 billion in the previous year and of the amount, RM2.97 billion was used for mobile services capital while RM1.63 billion for fixed services capital.

KUALA LUMPUR: The Malaysian communications and multimedia (C&M) industry performed well in 2019 with an overall market capitalisation of RM144.01 billion or 8.4 per cent of the total market capitalisation of Bursa Malaysia.

The Malaysian Communications and Multimedia Commission (MCMC) said of the total, RM134.01 billion came from the telecommunications sector, RM7.29 billion from the broadcasting sector and RM2.71 billion from the postal and courier sector.

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communications , multimedia , tech stocks , MCMC

   

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