“Reduction in revenue from Internet and multimedia services was from the downward price adjustment exercise given to our Streamyx customers starting September 2019 onwards, as a reward for their loyalty, ” it said.
PETALING JAYA: Telekom Malaysia Bhd
’s (TM) net profit fell by nearly half in the first quarter ended March 31 (Q1), impacted by lower revenue for all lines of its products.
It remains cautious due to the ongoing Covid-19 pandemic.
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