Thursday, March 24, 2011

TM extends Zamzamzairani's contract for 3 years

KUALA LUMPUR: TELEKOM MALAYSIA BHD [] (TM) has extended the contract of its group chief executive officer Datuk Seri Zamzamzairani Mohd Isa for another three years effective April 1, 2011.

Zamzamzairani has been the Group CEO since 2008, when TM and Axiata Bhd (formerly known as TM International) demerged.

In a statement Thursday, March 24, TM said Zamzamzairani had played a very instrumental role in leading it through a challenging period in establishing itself as Malaysia's Broadband Champion and leading integrated information and communications provider.

'Under Datuk Seri Zamzamzairani's stewardship, TM has seen a steady and consistent increase in revenue and subscribers base,' it said.

It said throughout the last three years, Zamzamzairani had also driven the company's performance to reflect an almost 90% increase in profit for 2010 and consistently meeting and surpassing shareholders and market expectations in delivering dividend commitments.

The Internet segment also showed sterling growth with Streamyx subscriber base close to 1.7 million as at end 2010, it said.

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