TM revenue climbs in Q3 on record subscribers growth, but profits fell on higher costs

KUALA LUMPUR: Telekom Malaysia Bhd posted a higher revenue in the third quarter, driven by higher new subscribers growth for its unifi services, but increased operating costs dented its earnings.

The group's fixed broadband subscriber base saw three consecutive quarters of record breaking increase at 18.8% to 2.6 million at the end of September.