Consolidation theme

In the fibre broadband market, TM’s unifi has been aggressively competing for market share with recent promotions while Celcom and Digi have begun to target selective market segments in the Klang Valley for their fibre-to-home offerings.

PETALING JAYA: The telecommunications sector could see more consolidation moving forward as players strive to reduce costs amid declining yields and growing pressure to invest in new spectrum.

In a research note, AmInvestment Bank said the consolidation theme remained in play as the reimposition of the movement control order (MCO) is expected to have an impact on various business sectors.