PETALING JAYA: Telekom Malaysia Bhd
’s (TM) core digital infrastructure assets ownership makes it a key connectivity play in the country, but concern lies in its ability to grow its revenue ahead, analysts say.
MIDF Research said that while TM’s results for the third quarter of financial year 2024 (3Q24) showed commendable cost control efforts, it continued to see some pressure to improve revenue, especially for the unifi and TM Global divisions.
