Corporate : telecommunication

Telco Sector Tracks Estimates In 1Q, Kenanga Maintains 'Neutral' View

KUALA LUMPUR, June 9 (Bernama) -- Kenanga Investment Bank Bhd has maintained its “neutral” rating on the telecommunication (telco) sector after companies under its coverage delivered the first quarter of 2025 (1Q 2025) performance that largely tracked estimates.

Malaysian Telcos Told To Rethink Strategies Amid Market Saturation -- Report

By Anas Abu Hassan

KUALA LUMPUR, June 9 (Bernama) -- Malaysian telecommunication companies (telcos) are advised to move beyond traditional tactics and design bold, digital-first strategies that resonate with today’s discerning consumers to win in the mature and evolving domestic market, according to a study.

TM Posts Lower 1Q Net Profit Of RM401 Mln But Revenue Edges Up

KUALA LUMPUR, May 28 (Bernama) -- Telekom Malaysia Bhd (TM) recorded a lower net profit of RM401.25 million in the first quarter ended March 31, 2025, compared with RM424.81 million in the corresponding quarter last year.

Reach Ten To Triple Fibre Optic Duct Infrastructure To 767km Within 3 Years

KUALA LUMPUR, May 2 (Bernama) -- Sarawak-based telecommunications service provider Reach Ten Holdings Bhd plans to triple its fibre optic duct infrastructure to 767 kilometres (km) in Sibu, Miri and Bintulu within three years utilising its initial public offering (IPO) proceeds.

OCK Group Sees Minimal Disruption To Myanmar Ops Following Recent Earthquake

KUALA LUMPUR, April 2 (Bernama) -- OCK Group Bhd does not anticipate any major long-term impact on its operations or business performance in Myanmar following the magnitude 7.7 earthquake that struck last Friday.

U Mobile Gets MCMC Letter Of Award For Next-Gen 5G Network

KUALA LUMPUR, March 29 (Bernama) -- U Mobile Sdn Bhd has received the official letter of award from the Malaysian Communications and Multimedia Commission (MCMC) for its deployment of Malaysia’s newest 5G network.  

Axiata, Sinar Mas Get Shareholders Nod On XLSMART Merger

KUALA LUMPUR, March 26 (Bernama) -- Axiata Group Bhd and Sinar Mas announced that shareholders of PT XL Axiata Tbk, PT Smartfren Telecom Tbk, and PT Smart Telcom (SmartTel) have formally approved the merger of the three companies into XLSMART.

Khazanah Nasional To Acquire INCJ's Stake In EDOTCO Group

KUALA LUMPUR, March 14 (Bernama) -- Khazanah Nasional Bhd will acquire Innovation Network Corporation of Japan’s (INCJ) stake in EDOTCO Group, reflecting the strong relationship between Malaysia and Japan.

Malaysia, GSMA Explore Stronger Collaboration In Telecommunications At MWC Barcelona 2025

From Zairina Zainudin

BARCELONA (SPAIN), March 6 (Bernama) — Malaysia has reaffirmed its commitment to strengthening its ties with the Global System for Mobile Communications (GSMA) organisation, exploring ways to strengthen their partnership in the telecommunications sector. 

ZTE, CelcomDigi Partner To Boost Malaysia’s Telecommunications Infrastructure With AI

BARCELONA (Spain), March 6 (Bernama) -- Global technology solutions provider ZTE Corporation and CelcomDigi have partnered to integrate artificial intelligence (AI) technologies into Malaysia’s telecommunications infrastructure.

XOX Appointment Of Kenneth Vun As Managing Director Marks Company's Transformative Phase

KUALA LUMPUR, March 3 (Bernama) -- XOX Bhd has appointed Datuk Kenneth Vun as its new managing director, marking a new era of growth and innovation.

Axiata Returns To The Black With RM946.82 Mln Net Profit In FY2024

KUALA LUMPUR, Feb 26 (Bernama) -- Axiata Group Bhd returned to the black after posting a net profit of RM946.82 million in the financial year ended Dec 31, 2024 (FY2024), against a net loss of RM1.99 billion in the FY2023.