“The current CEO, Imri Mokhtar, who rejoined TM on Aug 1, was one of the architects of the PIP. “PIP focused on cost optimisation in content/sponsorship costs, contract renegotiations, marketing, business procurement and Unifi Mobile’s domestic roaming arrangements, ” AmInvestment Research said in a report yesterday
PETALING JAYA: Telekom Malaysia Bhd
(TM) will continue with the five-year transformation programme it started in 2018, which includes cutting its operating expenses (opex) by RM500mil to RM600mil and “further rightsizing” within the group.
AmInvestment Research said TM’s management remains committed with its Performance Improvement Programme (PIP).
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