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KUALA LUMPUR: Telekom Malaysia Bhd posted net profit of RM1.01bil in the financial year ended Dec 31,2020, an increase of 60.5% from RM632.67mil a year ago.
Higher Q4 sale of fixed contracts to clients the reason
PETALING JAYA: Telekom Malaysia Bhd (TM) is expected to see earnings growth from its unifi and Internet revenues, as well as cost savings moving forward, according to RHB Research.
PETALING JAYA: With telco players trying to stay ahead of the competition by coming out with new ways to give out more data to users, and at the same price, data monetisation is expected to remain weak.
KUALA LUMPUR: Telekom Malaysia Bhd’s (TM) net profit for the second quarter ended June 30, 2020 more than doubled to RM274.74mil from RM114.18mil due to the absence of impairment losses on fixed network assets last year.
PETALING JAYA: Telekom Malaysia Bhd’s (TM) net profit fell by nearly half in the first quarter ended March 31 (Q1), impacted by lower revenue for all lines of its products.
KUALA LUMPUR: Telekom Malaysia Bhd’s net profit fell by nearly half in the first quarter ended March 31,2020, impacted by lower revenue for all lines of its products and it remained cautious due to the ongoing Covid-19 pandemic.
KUALA LUMPUR: With the net additions of the Unifi subscribers falling during the Movement Control Order from the closure of Telekom Malaysia One kiosks, there may be lower pressure on Unifi’s average revenue per user (ARPU) with minimal discounts offered.
PETALING JAYA: The contraction in Telekom Malaysia Bhd’s (TM) unifi business is expected to persist due to the impact of the mandatory standard on access pricing (MSAP), which made service providers offer faster yet cheaper broadband plans.
KUALA LUMPUR: Telekom Malaysia Bhd's net profit surged over 300% to RM632.67mil in the financial year ended Dec 31,2019 on lower impairment losses and reduction in operating costs.