Possible reintroduction of GST negative for telcos


KUALA LUMPUR: There is concern over the negative impact on the telco sector should prepaid users once again have to foot a tax in the event the Goods and Services Tax (GST) is reintroduced in 2023.

RHB Research said in a note that the reintroduction of the GST would further compound the weakness in the prepaid market as subscribers are likely to reduce their usage.

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RHB Research , telco , GST , SST , Digi , Maxis , Axiata , Telekom Malaysia , OCK

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