TM confirms KL Tower pullout

TM reiterated that the 421-metre tall KL Tower, built initially as a telecommunications structure before it became a tourist hotspot, is owned by the government and TM is merely a concessionaire manager of the building.

PETALING JAYA: National telecommunications titan Telekom Malaysia Bhd (TM) has reconfirmed its decision to pull out from its long-term concessionary operating and maintenance of Menara Kuala Lumpur (MKL) – more popularly known as KL Tower.

The long-term concessionary was done through its fully owned subsidiary Menara Kuala Lumpur Sdn Bhd (MKLSB) since 1996, a year after the tower itself was completed.