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Kenanga Investment Research is maintaining its Outperform on Telekom Malaysia but lowered its target price to RM6.25 from RM6.45 previously.
Telekom Malaysia Bhd's (TM) earnings were marginally lower at RM301.41mil in the third quarter ended Sept 30, 2012 from RM302.12mil a year ago while it maintained its focus to be the country's broadband champion.
PETALING JAYA: Telekom Malaysia Bhd (TM) is not ruling out the possibility to collaborate with industry players to offer mobile broadband.
Telekom Malaysia Bhd's earnings rose 173% to RM348.45mil in the second quarter ended June 30, 2012 from RM127.24mil a year ago and it rewarded shareholders with an interim dividend of 9.8 sen a share.
KUALA LUMPUR: Telekom Malaysia Bhd’s (TM) customer base for its Unifi services has swelled to 393,000. But, with impending competition from the cellular players that are entering its home services turf, its lion market share of high-speed Internet broadband will come under pressure soon.
KUALA LUMPUR: Telekom Malaysia Bhd’s (TM’s) year-on-year (y-o-y) first quarter net profit for the period ended March 31 surged 53.5% to RM250.63mil from RM163.31mil on the back of revenues rising by 11% to RM2.38bil.