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KUALA LUMPUR: CIMB Equities Research is maintaining its Hold call on Telekom Malaysia (TM) with a higher target price of RM6.50 compared with the previous target of RM6.10.
PETALING JAYA: Increasing product convergence propositions, such as internet protocol television (IPTV), over-the-top (OTT) applications and mobile service provider webe could translate into greater earnings and subscriber quality for Telekom Malaysia Bhd (TM) over the long run, said RHB Research.
KUALA LUMPUR: Telekom Malaysia’s earnings fell 20% to RM240.88mil in the third quarter ended Sept 30, 2013 from RM301.41mil a year ago mainly due to foreign exchange loss on translation of foreign currency borrowings.
RHB Research is mildly positive on Telekom Malaysia’s move to acquire selected Barclays Premier League (BPL) live matches from Astro.
PETALING JAYA: Telekom Malaysia Bhd's (TM) UniFi subscriber base has swelled to 116,000 as of yesterday as users warm up to the high speed broadband (HSBB) service but this is still way below the number of connections available now.