Internet segment to drive TM’s earnings


“Internet revenue, which makes up 35% of total revenue, is expected to rise by 2% to 4% q-o-q. It was 8% to 10% year-on-year (y-o-y) in Q3’21,” said CGS-CIMB Research in its report.

PETALING JAYA: The demand for home fibre will continue to increase and so will Internet revenue for Telekom Malaysia Bhd (TM), according to analysts.

This is backed by four consecutive record-setting quarters from the third quarter of 2020 (Q3’20) to Q2’21. The quarter-on-quarter (q-o-q) Unifi net additions are still strong at above 100,000.

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