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Business 30 Jan 2003 | 12:00 AM

Celcom to appoint committee to address merger issues

CELCOM (Malaysia) Bhd will appoint a committee within 10 days to resolve outstanding issues raised by DeTeAsia Holding GmbH over the planned mer- ger between Celcom and the cellular arm of Telekom Malaysia Bhd, says Celcom chairman Datuk Dr Munir Majid.

Business 29 Jan 2003 | 12:00 AM

Alcatel eyes Telekom supply contract

FRANCE-BASED network systems manufacturer Alcatel is eyeing an annual contract to supply broadband equipment to Telekom Malaysia Bhd. It is optimistic of its prospects due to Telekom#039;s expected massive projects in the course of this year, Alcatel Network Systems (Malaysia) Sdn Bhd country senior officer, Malaysia, John Quaeyhaegens said.

Business 29 Jan 2003 | 12:00 AM

KLSE rebounds to buck the trend

THE KLSE rebounded strongly yesterday, in apparent defiance of the cloud of uncertainty that has hung over the market since last week as a US-led military action against Iraq looks increasingly imminent.

Business 28 Jan 2003 | 12:00 AM

Asian markets tumble as war fears mount

WAR jitters continued to weigh on stock markets in Asia yesterday. The Seoul and Jakarta bourses were the worst hit, with their indices sliding nearly 3%.

Business 28 Jan 2003 | 12:00 AM

Telekom plans RM4b bond issue to buy Celcom

TELEKOM Malaysia Bhd will raise up to RM4bil via a bond issue to fund its takeover of mobile network operator Celcom Malaysia Bhd, according to primary markets and debt markets newspaper BasisPoint.

Business 27 Jan 2003 | 12:00 AM

Maybank favoured among heavyweights

DESPITE analysts#039; generally neutral stance on top heavyweights Malayan Banking Bhd (Maybank), Tenaga Nasional Bhd (TNB) and Telekom Malaysia Bhd, their shares have outperformed the market of late.

Business 25 Jan 2003 | 12:00 AM

DeTeAsia calls for meeting with Celcom

CELCOM Malaysia Bhd said the company has received a request from substantial shareholder DeTeAsia Holding GmbH to convene a meeting between a senior Celcom official and a senior executive of DeTeAsia, to resolve differences between the parties involved in good faith.

Business 25 Jan 2003 | 12:00 AM

Bamboo shoot with character

THERE was a time when Kampung Kerinchi in Kuala Lumpur was relatively concrete free. Today, Light Rail Transit lines criss-cross highways and flyovers and amid this entire network, is another source of networking but of a different kind #8211; telecommunications.

Business 23 Jan 2003 | 12:00 AM

Deutsche Telekom seen selling stake in Celcom soon

DEUTSCHE Telekom AG will sell its 8% stake in mobile operator Celcom (Malaysia) Bhd by March, according to a Celcom source.

Business 17 Jan 2003 | 12:00 AM

NasionCom growing its revenue

NASIONCOM Sdn Bhd aims to generate revenue of at least RM55mil this year for its VoIP (Voice over Internet Protocol) and broadband Internet services, said executive vice-chairman Datuk Chee Kok Wing.