Thursday, October 13, 2011

TM says foreign shareholding up at 17%

KUALA LUMPUR: Foreigners held about 17% of TELEKOM MALAYSIA BHD []'s shares, an increase from less than 10% previously, said TM managing director and group CEO Datuk Zamzamzairani Mohd Isa.

He said on Thursday, Oct 13 the increase in the foreign shareholdings reflected the investors' confidence in TM's business and also the good take-up rate for its UniFi internet services.

Meanwhile, P1 Networks (M) Sdn Bhd will roll out the high-speed broadband services via fibre optics to its customers by the first quarter of next year.

Its chief executive officer Michael Lai said P1 would leverage on TM's high speed broadband network. The services could include iPTV and video-on-demand.

No comments:

Post a Comment