Telekom sees higher revenues with higher speed, faster network – Business News



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KUALA LUMPUR: Telekom Malaysia Bhd (TM) will be able to increase its revenues with wider and faster access to its broadband network from the previous anticipation that revenues would decline in 2018.

Agent Datuk Bazlan Osman said that the revenue enhancement would come from the best value for money offered to customers the day the telecommunications company announced that it 's the best. it would increase up to 10 times broadband speeds for residential users as of August 15.

"We have plans to better manage as part of the performance improvement plan because we are giving better value to our customers. The first is in terms of revenue growth: it should be noted that the revenues come not only from Unifi but also (from other areas) such as TM One: from the banking, health and insurance sectors. 39, education, "Bazlan told the media.

"TM One contributes to some RM5bil of our RM12bil income, we will continue to work on it.Other domain is on the wholesale supply, as you know.The other LTE and 4G service providers will turn from more and more towards us to provide the platform.This is therefore an opportunity for us, "added Bazlan

TM had already guided the market for 2018, his turnover would be either stable or down 1% from a previous growth forecast of between 3.5% and 4%.

TM shares were up by six sen at RM3.46 yesterday after announcing a mammoth increase in airspeeds. Internet for home users.

On Unifi, Bazlan hopes the new plans would lead to a higher rate of use among consumers, "

" There are about 340,000 customers Streamyx in the Unifi regions.So we plan to d & # 39; having more and more of them going to Unifi and (we can minimize) in terms of maintaining our network on ADSL or copper in these areas, "Bazlan said.

"Currently, we are keeping copper and fiber in these areas, for example, if you are taking Bangsar, we have both copper and fiber since we have our Streamyx (ADSL) customers in Bangsar. , imagine that if all the inhabitants of Bangsar or in the Klang Valley, they all move to Unifi, we will not have to maintain our copper network, which will reduce our costs, "he said. added.

"We hope this will help mitigate the new plans we have introduced from today because we want our customers to turn to fiber and Unifi." [19659002] Among other measures, TM also plans to reduce its capital expenditure plans from 20% to 20% as a percentage of its revenues.

"In areas where other phone companies have fiber, we will be the applicants We do not have to do it ourselves. "Bazlan said that these planned measures would help reduce costs, improve cash flow and reinvest additional cash in cash. growth areas such as WiFi and LTE / 4G.

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