TM continues to grow with broadband segment


CGSI Research projected TM‘s domestic wholesale revenue to rise in 2025.

PETALING JAYA: CGS International Research (CGSI Research) is maintaining a positive outlook on Telekom Malaysia Bhd (TM), expecting its overall data revenues, including retail, enterprise and wholesale, to grow at a 4% compound annual growth rate (CAGR) between the financial year ended Dec 31, 2023 (FY23) and FY26.

This is despite growing competition in the retail broadband segment.

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