TM to ride on MyDigital initiative
KUALA LUMPUR: Telekom Malaysia Bhd
(TM) is in a good position due to its projected revenue growth this year and as beneficiary of the MyDigital initiative, according to analysts.
UOB Kay Hian noted that TM has provided guidance for a flat to low single-digit revenue growth for 2021 after three consecutive years of revenue decline (2020: -5%, 2019: -3%, 2018: -2%) given better prospects across all its business segments (UniFi, TM ONE and TM Global).
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