18 Sep 2025
TM and NCT Group Expand Partnership to Deliver Smart, Sustainable Industrial Parks Across Malaysia
Selangor, September 17, 2025 – Telekom Malaysia (TM), via its enterprise and government solutions arm TM One, and NCT Group of Companies (NCT Group), through its wholly owned subsidiary NCT AI Sdn Bhd, have signed a Memorandum of Collaboration (MoC) to extend smart industrial park solutions nationwide.
Building on their 2022 agreement for the NCT Smart Industrial Park (NSIP) in Selangor, this expanded partnership will see TM deliver not only advanced connectivity, but also smart solutions, cloud, and ICT services to modernise NCT’s operations and enhance customer experiences across its wider developments, including NCT Innosphere within the Delapan Special Border Economic Zone in Kedah and the Group’s corporate headquarters.
Together, NCT and TM will also co-develop go-to-market strategies to position NCT’s Smart Industrial Parks as future-ready investment hubs, attracting global and local industries, and replicating the model across Malaysia to drive economic growth, sustainability and digital adoption.
The MoC was formalised at the Smart City Expo Kuala Lumpur 2025 between Simon Chan, NCT Group’s General Manager of Sales & Marketing and Megawati Norhashim, TM One’s Vice President for Enterprise Business, and witnessed by Dato’ Sri Yap Ngan Choy, NCT Group’s Founder & Group Managing Director, TM’s Members of the Board Datuk Bazlan Osman and Dr. Tunku Alina Raja Muhd Alias, together with Amar Huzaimi Md Deris, TM’s Group CEO.
Amar Huzaimi Md Deris shared, “This partnership reflects TM’s role not just as a connectivity provider, but as the enabler of smart industrial ecosystems. This partnership reflects TM’s role not just as a connectivity provider, but as the enabler of smart industrial ecosystems. With our Vision AI, Intelligent Operations Centre, intelligent building management systems and other smart solutions, we are powering NCT’s Smart Industrial Parks into fully integrated, future-ready hubs for businesses and communities. This is how we deliver on our aspiration to be a Digital Powerhouse by 2030, creating platforms that drive Malaysia’s digitalisation, sustainability and industrial growth."
Dato’ Sri Yap Ngan Choy said, “Our first undertaking with TM established a clear direction to redefine Malaysia’s industrial park landscape, with the goal to create a national model for smart, sustainable and digitally driven industrial growth. As a result, NSIP today is well on its way to becoming a competitive regional hub for high-value industries, innovation-led enterprises and global investors aligned with the Malaysia Smart City Framework. With this new collaboration, we expect to advance the progress made to-date and strategically extend the success of that model. This reflects our commitment to supporting Malaysia’s digital transformation, while moving towards a low-carbon economy.”
About NSIP
NSIP is currently equipped with high-speed fibre connectivity, public 5G coverage, IoT-enabled networks, and an AI-powered security ecosystem equipped with panoramic cameras, licence plate recognition, thermal imaging, and real-time traffic monitoring. Complemented by integrated smart street lighting, traffic management, environmental sensors and a centralised Intelligent Operation Centre (IOC), along with solar-ready factories and green technologies, NSIP currently stands as one of Malaysia’s most advanced and sustainable industrial hubs.
Situated within the Integrated Development Region in South Selangor (IDRISS), NSIP is redefining industrial excellence. Focusing on smart technologies and green solutions, NCT Group and TM are committed to a partnership that will set new standards for the nation’s economic resilience.
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TM, PETRONAS AND GENTARI PARTNER TO DRIVE DIGITAL AND SUSTAINABLE INNOVATION FOR INDUSTRY AND NATION BUILDING
KUALA LUMPUR, 19 DECEMBER 2024 – TM has signed a Memorandum of Understanding (MoU) with PETRONAS through its digital arm PETRONAS Digital Sdn Bhd (PDSB), and clean energy arm Gentari Sdn Bhd (Gentari), to drive digital transformation and sustainable innovation for industries and the nation. Under this collaboration, TM and PETRONAS will explore new revenue streams through the expansion of product offerings to enterprise and consumer markets, and drive growth and innovation through data centre, advanced cloud and connectivity for Malaysian businesses. The integration of Information and Communication Technology (ICT) and Internet of Things (IoT)-based solutions is expected to optimise city services, improve operational efficiency, and enhance public services, contributing to a smarter and more sustainable future. The MoU was exchanged between Megawati Norhashim, Vice President, Enterprise Business, TM One; Ts. Shaharuddin Hamid Mustapha, Chief Executive Officer (CEO), PDSB; and Shah Yang Razalli, Deputy CEO & Chief Green Mobility Officer, Gentari; The exchange was witnessed by Shazurawati Abd Karim, Executive Vice President for TM One on behalf of TM; Ir. Mohd Yusri Mohamed Yusof, Senior Vice President, Project Delivery & Technology; and Izwan Ismail, Vice President of Group Technology & Commercialisation on behalf of PETRONAS and Gentari. Shazurawati said, “We are pleased to partner with PETRONAS to drive digital and sustainable innovations that will empower growth, industry advancements, and Malaysia's technological capabilities. TM’s established nationwide infrastructure and diverse solutions, aligning with PETRONAS’ goals for energy transformation. By harnessing the power of 5G, cloud, AI, and IoT, we are laying the groundwork for a more efficient and resilient future. This reflects our shared vision for a digitally advanced and sustainable Malaysia, a pivotal commitment in TM’s efforts to become a Digital Powerhouse by 2030.” Ir. Yusri noted, “Today marks a significant milestone in PETRONAS’ and TM’s collaboration, now further strengthened and poised for an even greater impact with Gentari on board. This MoU will foster the creation of valuable applications that harness the power of technology including clean technologies, which can serve as benchmarks for large-scale implementation across various industries. Anchored by PETRONAS’ commitment towards purposeful value creation and positive social impact, we are excited for the transformations ahead. Together, we aim to push the envelope of establishing a thriving digital ecosystem that is also environmentally sustainable." The partnership between Gentari and TM further explores the integration of clean energy solutions through solar and EV charging in TM facilities. Shah shared, “We are pleased to support this collaboration, which emphasises the role of clean energy in fostering Malaysia’s progress in digitalisation and sustainability. By integrating renewable energy and green mobility solutions into TM’s operations, we aim to contribute a sustainable pathway towards the nation’s energy transition. This collaboration underscores our shared effort to create a more sustainable digital ecosystem and supports Malaysia’s aspirations of achieving net zero emissions by 2050.” TM, PETRONAS and Gentari will continue to set new standards in the industry by harnessing cutting-edge technologies and sustainable practices to create new milestones in Malaysia’s digital transformation.
TM’s Q4 revenue up 6.8%, FY2025 dividend totals 31.0 sen
KUALA LUMPUR, 25 February 2026 – Telekom Malaysia Berhad (“TM” or “the Group”) recorded a 6.8% increase in revenue to RM3.26 billion for the fourth quarter of 2025 (4Q2025) compared to corresponding quarter last year, driven by stronger momentum across its businesses as the Group closed the year on a firmer footing. Total dividends for the financial year ended 31 December 2025 (FY2025) amounted to 31.0 sen per share, reflecting the Group’s healthy financial position and execution discipline.Financial HighlightsFor FY2025, the Group’s revenue recorded a 1.4% year-on-year growth, marking its steady annual revenue growth despite an intensely competitive operating environment.Earnings Before Interest and Tax (EBIT) for FY2025 stood at RM2.03 billion, while Profit After Tax and Non-Controlling Interests (PATAMI) stood at RM1.71 billion. EBIT and PATAMI for 4Q2025 were RM215.5 million and RM222.5 million, respectively. Adjusting for employee voluntary separation requests, foreign exchange movements and selected non-recurring items, PATAMI for 4Q2025 increased by 72.8% from the same period last year, reflecting stronger underlying performance in the quarter.As TM accelerates its transition towards a more digital and technology-driven business, it remained attentive to the evolving aspirations of its workforce. During the year, TM received a significant number of voluntary separation requests from employees seeking early retirement or career transitions. As a responsible employer, TM accommodated these requests with a fair and attractive transition package. This is win-win for both parties in the long run – employees can comfortably transition to the next phase of their lives, while enabling TM to progressively align towards its future digitalisation priorities. This underscores the Group’s commitment in ensuring responsible workforce management and upholding the social pillar of its sustainability framework.In line with the Group’s performance and commitment to delivering sustainable returns to shareholders, the Board declared a second interim dividend of 14.5 sen per share and a special dividend of 4.0 sen per share. Together with the interim dividend of 12.5 sen per share announced at mid-year, this brings the total dividend for FY2025 to 31.0 sen per share. This amounts to approximately RM1.19 billion or about 70% of reported PATAMI, the highest payout ratio since 2018.For FY2025, capital expenditure was maintained at 16.1% of revenue, within the Group’s full-year guidance.Reflecting on the results, Amar Huzaimi Md Deris, Group Chief Executive Officer of TM said, “FY2025 was a year where we demonstrated our ability to grow while maintaining strong execution discipline in a competitive environment.At the same time, we balanced the needs of our various stakeholders. For customers, we strived to meet their evolving connectivity and digital needs, delivering more relevant, converged solutions that support their lives and businesses. For employees, we remained attentive to their aspirations as we evolve into a more digital business. For shareholders, we focused on growing and delivering sustainable returns.”Nation-building and Responsible Growth“We further strengthened our role as a national digital enabler, investing in the infrastructure that supports Malaysia’s digital economy and long-term competitiveness. This positions the Group on a stronger footing as we move into the next phase of growth. These investments are aligned with TM’s long-term strategy to support growing demand for connectivity, data centre, cloud, digital and AI services across Malaysia and the region.”“Sustainability is embedded in our business strategy and how we operate. In 2025, we strengthened our governance and sustainability standing, with measurable improvements across national and global ESG benchmarks. This reflects our commitment to responsible growth, strong governance and long-term value creation,” he concluded.OutlookTM’s outlook for 2026 remains positive. TM will continue to focus on disciplined execution of its strategic priorities towards its aspiration of becoming a Digital Powerhouse by 2030, while positioning Malaysia as the digital hub for the region.
Statement from TM on Government's decision to retain Single Wholesale Network (SWN) for 5G
1. TM welcomes and supports the Government's decision to continue with the Single Wholesale Network (SWN) model for the deployment of 5G in the country. We believe this reflects the national aspiration for an inclusive digital Malaysia. 2. The SWN model reflects the shared responsibility to meet the collective objectives of 5G for Malaysia: Telcos to focus on investing and developing innovative 5G products and solutions for end customers. DNB shall focus on network-build towards faster rollout of coverage and capacity in a cost efficient manner. TM will continue to provide the fiber backhaul as committed in the signing of the agreement with DNB on 16 Dec 2021. This is another example of public-private partnership in the rollout of critical telecommunications infrastructure to boost economic development and enhance the well-being of Keluarga Malaysia. 3. We look forward to rolling out 5G-enabled products and solutions to our unifi and TM ONE customers. As such, we are currently undertaking internal customer and network trials to bring an improved convergence proposition of fiber plus 5G services to our unifi and TM ONE customers. This is subject to finalising our wholesale agreement with the DNB.
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