3Q YTD 2024 Key Highlights (vs 3Q YTD 2023)

• Operating revenue stood at RM8.66 billion
• EBIT increased 7.9% to RM1.81 billion
• Fixed broadband subscribers grew 1.6% to 3.167 million

KUALA LUMPUR, 26 November 2024 – Telekom Malaysia Berhad (“TM” or “the Group”) announced its financial results for the first nine months of 2024, reporting a steady 7.9% increase in Earnings Before Interest and Tax (EBIT) year-to-date (3Q YTD 2024), reaching RM1.81 billion on the back of RM8.66 billion in revenue. This result underscores the Group’s ability to sustain stable revenue and maintain resilience amidst intensifying competitive pressures and a challenging operating environment, positioning the company for a strong close to the year.

The Group recorded a Profit after Tax and Non-Controlling Interests (PATAMI) of RM1.29 billion, which is lower than the previous year due to a one-off tax credit received in 2023. Excluding the one-off tax credit and foreign exchange impact, the Group’s PATAMI shows solid growth year-on-year. Meanwhile, Capital expenditure (CAPEX) in 3Q YTD 2024 amounted to RM767 million, representing 8.9% of total revenue.

Amar Huzaimi Md Deris, TM Group Chief Executive Officer said, “The Group continues to demonstrate resilience, with an encouraging YTD increase in EBIT, driven by continuous business improvements, cost optimisation, and operational efficiencies. This is further reinforced by our strong balance sheet and cash reserves, highlighting the Group’s healthy financial position.

“Our broadband subscriber base continues to grow steadily, driven by the Unifi UniVerse campaign - our best convergence offerings to date, further solidifying our position as the leading convergence provider with the only quad-play services in Malaysia. We also continue expanding collaborations with enterprises and government agencies to accelerate digital adoption in key verticals such as 5G, Smart Services, Healthcare, and Education. At the same time, we remain steadfast in preparing robust infrastructure to connect the world to Malaysia, including submarine cables and data centres to drive the nation’s digital transformation and strengthen its role as the digital hub for ASEAN.

“As we enter the final quarter of 2024, we are adopting a more proactive approach to boost revenue through fixed-mobile convergence and leveraging new technologies like 5G, cloud and Artificial Intelligence (AI) solutions to enhance customer experiences. In summary, with a clear strategy and strong execution, combined with a focus on disciplined cost efficiency, we are confident in sustaining TM’s growth momentum, keeping us firmly on track to becoming a Digital Powerhouse by 2030,” Amar concluded.

The Group maintains a positive outlook to close the year and remains on track to achieve its market guidance issued for 2024.

Lines of Businesses (LOBs) Performance

Unifi Strengthens Position as the Market Leader in Converged Services

Unifi recorded a 1.6% increase YTD in fixed broadband subscribers, reaching 3.167 million in 3Q YTD 2024. This growth demonstrates Unifi’s effective strategy in acquiring and retaining customers driven by its UniVerse campaign, including the Unifi Device Fiesta offering. The mobile segment has also expanded, fuelled by enhanced postpaid and prepaid offerings; the 200GB 5G Monthly Data Pass for just RM1 for UNI5G Postpaid 39 customers, and the UNI5G WOW Prepaid plan with 5G and 4G data. Moreover, Unifi TV’s Aneka Plus Pack was also relaunched to include Vidio, Indonesia’s leading streaming platform, providing customers with even more entertainment options.

Additionally, Unifi Business recently announced a strategic partnership with TNG Digital to accelerate 5G adoption and transform eWallet experiences for MSMEs in Malaysia. These initiatives, along with Unifi’s broader offerings highlight its commitment to delivering comprehensive, high-quality services that meet the evolving needs of Malaysia’s digital market, further cementing its role as the nation’s true convergence champion. For more information, visit https://unifi.com.my/all-in-one, https://unifi.com.my/tv/ and https://biz.unifi.com.my/
 

TM One Drives Digital Transformation for Enterprises and Government

TM One, the Group’s enterprise and Government sector business solutions arm, recorded a 2.0% increase in revenue, reaching RM2.12 billion in 3Q YTD 2024 with improved contributions from digital services and key customer projects. During the quarter, TM One drove the successful Private 5G network deployment at PETRONAS LNG Complex Bintulu and subsequently delivered the first 5G Private Campus Network in Malaysia at the Universiti Teknologi Petronas (UTP) for the PETRONAS-UTP 5G Innovation Lab. Additionally, it partnered with KPJ Healthcare Bhd to deliver advanced Software-Defined Wide Area Network (SD-WAN) Internet Services integrated with enhanced firewall capabilities to accelerate KPJ’s digital transformation.

TM One also launched the first AI-enabled Global Business Services (GBS) Centre in the East Coast to foster investment growth in the East Coast Economic Corridor. It further strengthens its commitment to empowering the local talent ecosystem and promoting digital inclusivity through a strategic partnership with the Ministry of Education to enhance Malaysia’s digital competencies via TVET programmes. These initiatives reflect TM One’s commitment to driving Malaysia’s digital transformation, empowering businesses, communities, and the government.
 

TM Global Strengthens Malaysia’s Position as a Digital Hub for the Region

TM Global, the Group’s wholesale business arm recorded a positive quarterly growth, with a 4.7% increase in revenue in Q3 2024 to RM787.0 million, driven by the increased demand for international data as well as the expansion of high-speed broadband and 5G infrastructure. It has deployed fibre optic network hubs in Sarawak, helping to bridge the digital divide and promote greater digital inclusion.

Recently, TM Global announced the data centre expansion of its Klang Valley Data Centre (KVDC) in Cyberjaya and the Iskandar Puteri Data Centre (IPDC) in Johor to deliver a combined IT load of about 20MW to cater to rising domestic and international data hosting needs. Furthermore, it upgraded its northern edge capabilities to bring content closer to users. These initiatives, along with submarine cable expansion, reflect TM Global’s commitment to meeting the growing needs of global carriers, hyperscalers, and technology providers, while supporting the broader growth of the nation’s digital ecosystem.

KUALA LUMPUR, 18 November 2024 – Yayasan TM (YTM) officially launched its "Yayasan TM TVET Madani" initiative, a comprehensive collaboration aimed at enhancing the employability and skill sets of Technical and Vocational Education and Training (“TVET”) graduates. This initiative underscores YTM's commitment to supporting the government's call for industry players to play a crucial role in improving the employability rate and contributing to the nation's digital transformation.

YTM committed RM3.5 million over the next three years to drive this collaborative effort. RM1.5 million will be used to sponsor the fees of deserving TVET students. Additionally, RM1.5 million was invested in enhancing digital and fibre network labs across four key institutions while another RM500,000 was spent to develop new modules designed to bridge the gap between academic learning and the needs of the industry.

Ainol Shaharina Sahar, Director of YTM commented, "We believe that the future of Malaysia lies in the hands of our youth, and their education is a cornerstone of our nation’s progress. This initiative represents more than just an investment in education and talent - it is a powerful example of what can be achieved through effective private-public partnerships. By working closely with the government and educational institutions, we are creating opportunities that not only align academic learning with industry needs but also nurture the digital talent crucial for the nation’s growth. This is in line with TM's aspiration to become a Digital Powerhouse by 2030, ensuring our graduates are well-equipped with the skills and innovation mindset to thrive in the digital economy.”

The launch ceremony, held at Politeknik Ungku Omar (“PUO”) in Perak, was officiated by YB Dato’ Seri Diraja Dr. Zambry Abd Kadir, Minister of Higher Education. He visited the refurbished digital lab at PUO and proceeded to simultaneously inaugurate the other three digital and fibre labs at Politeknik Sultan Idris Shah (Selangor), Politeknik Mersing (Johor) and Kolej Komuniti Ampang (Kuala Lumpur).

“YTM celebrates its 30th anniversary this year and since its establishment, educational excellence has been its focus. YTM supports Malaysia’s digital education agenda and prioritises education equality for all. By leveraging these partnerships, we can create a greater impact within the community and drive Malaysia forward in the digital age. This aligns with the global agenda of UN Sustainable Development Goals," added Ainol.

Recognising the importance of employment opportunities, YTM has also committed to facilitating job placements for up to 400 TVET graduates annually. The enhanced TVET curriculum offers various industrial certifications, including cybersecurity (CompTIA Security+), software testing (ISTQB Certified Tester Foundation Level), and cloud computing (Cloud Alpha Edge) through the Digital Lab. Under the Fibre Lab certification, students will receive training in CA-1C (Internal Fibre Network), CA-2C (External Fibre Network), and pole proficiency.

By equipping TVET graduates with the skills and opportunities they need to thrive in the digital economy, YTM is playing a pivotal role in shaping a future-ready workforce that will power a more digital nation.

KUALA LUMPUR, 13 November 2024 – TM proudly announced its double victory at the National Occupational Safety and Health (OSH) Awards 2023, held recently at Courtyard by Marriott, Kuala Lumpur. TM received both the Communication Sector Award and the Best Chief Executive Officer for OSH – Private Sector, underscoring its exceptional commitment to occupational safety and health.

This recognition highlights TM’s proactive approach to OSH, which has resulted in zero fatalities along with a significant reduction in accident rates and Lost Time Injury (LTI) days in 2023.

Amar Huzaimi Md Deris, TM’s Group Chief Executive Officer who was named the Best Chief Executive Officer for OSH in the Private Sector category, said, “At TM, the safety, health and well-being of our employees and communities, including partners and contractors ecosystem are our top priorities. We are committed to fostering a safe environment that not only meets compliance requirements but goes beyond to set new OSH standards across our industry. TM is deeply honoured to receive these awards recognition, further motivating us to continuously strive for OSH excellence hence ensuring every team member returns home safely to their families.”

TM’s safety commitment extends to every level of its operations, with initiatives such as the “TM Life Saving Rules” and the “Safety. We Own It” campaign that reinforces a safety-first culture amongst its employees and contractors. Its comprehensive OSH framework includes regular OSH training, extensive contractor engagement, industry collaborations and digital innovations like the OSHE Intelligence (“OSHEIN”) system. OSHEIN leverages data analytics and AI to enhance safety management, providing real-time insights and predictive capabilities, helping TM to anticipate and mitigate safety risks before they occur.

The Group’s certification to ISO 45001:2018 for Occupational Health and Safety Management System – the first in telecommunication sector, further underscores its dedication to safety excellence.

These achievements at the National OSH Awards 2023 align with TM’s aspiration to become a Digital Powerhouse by 2030, fostering a safe and sustainable digital ecosystem for Malaysia while upholding the highest safety and health standards.

KUALA LUMPUR, 11 NOVEMBER 2024 – TM Global, TM’s wholesale business arm, will expand its Klang Valley Data Centre (KVDC) in Cyberjaya and Iskandar Puteri Data Centre (IPDC) in Johor, addressing the growing demand for domestic and international data hosting services. 

This is the next phase in TM’s strategic roadmap to grow its infrastructure ecosystem and position Malaysia as a preferred digital hub in Southeast Asia, aligning with its aspiration to become a Digital Powerhouse by 2030. These expansions and TM’s partnership with Nxera to develop a new, hyperconnected, AI-ready data centre, lays the foundation for digital services such as cloud, advanced analytics, artificial intelligence, and the Internet of Things. 

Scheduled for commercial operations in 2025, the second phase of both KVDC and IPDC will deliver a combined IT load of about 20MW. The expansion will meet Uptime Institute’s Tier-III standards, and the Leadership in Energy and Environmental Design (LEED) Silver rating for long-term sustainability, a globally recognised green building certification.

Khairul Liza Ibrahim, TM Global’s Executive Vice President, said, “KVDC and IPDC are integral infrastructures in Malaysia’s digital ecosystem, serving as international gateways and interconnected points to support 5G networks. This second phase of our data centre expansion will feature sustainable designs, boosting our capacity to support hyperscalers, OTT players, cloud and next generation AI providers, as well as enterprises.” 

TM Global’s data centres are complemented by seven regional Edge Facilities located throughout the country. These support high-performance computing and co-location services to bring content closer to end-users with minimal latency.

“We have further enhanced our data hosting services with a recent acquisition of the Facilities-based Operator license in Singapore, allowing us to provide seamless, secure data centre-to-data centre connectivity through our extensive domestic fibre optics network and international submarine cable systems. This enables us to meet the growing connectivity demands across the region, linking data centres from Thailand to Malaysia, Singapore, and Batam in Indonesia,” Khairul Liza emphasised.

TM Global offers a comprehensive suite of platform-based services, including Multi-Edge Computing and Content Delivery, to elevate data hosting solutions. These services are tailored to optimise performance and efficiency, ensuring a robust and reliable data-driven network for customers. Leveraging its extensive network infrastructure, TM Global equips carriers, enterprises, hyperscalers, OTTs, and next-generation AI application providers with the tools necessary to drive innovation and seamless digital integration. 
 

KUALA LUMPUR, 8 November 2024 – Unifi Business and TNG Digital have announced a strategic partnership to accelerate 5G adoption and transform eWallet experiences for micro, small and medium enterprises (MSMEs) in Malaysia. The collaboration includes UNI5G Postpaid Biz and Touch ‘n Go eWallet Soundbox packages, which will be offered to more than one million MSMEs nationwide and will be available via in-app media and Unifi Stores.

As the preferred digital partner for MSMEs, Unifi Business will deliver high-speed, low latency 5G connectivity. Its UNI5G Postpaid Biz solutions and 5G-enabled devices, coupled with the Touch ‘n Go eWallet Soundbox, will deliver 5G capabilities and Malaysia’s largest eWallet services to businesses, improving operational efficiency and customer engagement. The joint offerings also reflect TM’s aspirations towards becoming a Digital Powerhouse by 2030, elevating MSMEs in the digital economy.

To officiate the partnership, a memorandum of understanding was exchanged between Kelvin Lee, Unifi’s General Manager for Fixed Mobile Convergence and Emilio Sta Maria, TNG Digital’s Head of Loyalty & Engagement at the Setapak Unifi Store. The event was witnessed by Mohamad Yusman Ammeran, Unifi Business’ Vice President and Freddie Lee, TNG Digital’s Head of Merchant Services.

Shanti Jusnita Johari, Unifi’s Chief Commercial Officer for Consumer Strategy and Business, said, “As the preferred digital partner to MSMEs nationwide, Unifi Business empowers them by delivering advanced connectivity and digital solutions. The integration of UNI5G Biz with TNG Digital’s eWallet Soundbox provides the best 5G mobile and eWallet bundle in the market, enhancing digital payments and mobility to improve customer experiences.

She added, “In addition to digital payments, UNI5G Biz powers our suite of offerings, from digital marketing to cloud storage, eCommerce Hub and cybersecurity. Unifi Business is also certified to provide the Government’s Geran Digital PMKS Madani (GDPM), making these solutions accessible to MSMEs of all sizes. Through our nationwide connectivity, certified consultants, and premier support, Unifi Business continues to elevate MSMEs in the nation’s digital economy.”

The Touch ‘n Go eWallet Soundbox has become an essential tool for merchants by providing instant voice alerts for incoming payments, ensuring smoother operations and added security against payment scams. From only RM10 a month, merchants are protected from fraudulent transactions while benefiting from the ease of real-time payment notifications. With the integration of Unifi Business’ UNI5G solutions, the Soundbox now offers even greater convenience and secured connectivity, enabling merchants to conduct their business seamlessly from any location, anytime.

“At TNG Digital, we are committed to enhancing the business operations of our merchants, by empowering businesses with seamless, secure, and reliable cashless solutions. By integrating Unifi’s advanced UNI5G capabilities into our Touch ‘n Go eWallet Soundbox, we are not only enhancing the way merchants manage their transactions, but also reinforcing our commitment to driving innovation and financial inclusivity. This partnership ensures that our merchants, including MSMEs, have access to essential tools and connectivity to thrive in the digital economy, while also safeguarding them against payment scams,” said Alan Ni, CEO of TNG Digital.  

Collaboration Highlights

The following offers will be available to new and existing Unifi Business and TNG Digital customers:

·       Bundled Unifi Business Fibre 300Mbps and UNI5G Postpaid Biz 65 plans for only RM199 a month

·       Free 5G-enabled device bundles from RM49 a month

·       Special Unifi Business and TNG Digital’s eWallet Soundbox bundles, including:

a)      WiFi only without UNI5G SIM card for only RM220 (originally priced at RM260)

b)     WiFi with UNI5G SIM card for only RM300 (originally priced at RM340)

·       Exclusive access and membership to the Unifi Business Club, Malaysia’s largest business networking and knowledge hub for MSMEs.

For more information, visit https://biz.unifi.com.my/

TM acknowledges the decision made by the Government on the 5G dual network. We remain supportive of initiatives that enhance the benefits of 5G technology for the rakyat, businesses, and the nation as a whole. We trust this will drive Malaysia's digital transformation, advancing connectivity, innovation, and economic growth across sectors.

As Malaysia’s leading fibre infrastructure provider, TM has extensive nationwide fibre coverage, robust digital platforms, and proven rollout experience. We leverage our core competencies to support the industry’s technological advancement, including the 5G ecosystem.

TM is committed to providing high-quality converged digital offerings across various segments of its customers. We remain focused on delivering 5G services and solutions to our consumers and business segments. Our priority is to ensure that all customers continue to have seamless access to reliable 5G services and ecosystem.

With a goal to be a Digital Powerhouse by 2030, TM is committed to playing a key role in building a digital nation, continuously supporting the 5G ecosystem, and driving digital innovation for all Malaysians.

KUALA LUMPUR, 30 October 2024 – TM One, TM’s enterprise and Government sector business solutions arm, has announced a strategic partnership with the Ministry of Education (MOE) to enhance Malaysia’s digital competencies, equipping students and educators from vocational colleges and secondary schools with essential digital skills that align with industry standards.

The partnership, which was recently formalised through a Memorandum of Understanding (MoU) with MOE’s Technical and Vocational Education and Training (TVET) Division, targets critical areas such as artificial intelligence (AI), cloud computing, cybersecurity, and smart agriculture solutions. These initiatives will benefit both students and educators, ensuring Malaysia’s future workforce is ready to meet the demands of the digital economy.

Shazurawati Abd Karim, Executive Vice President of TM One said, “We are pleased to collaborate with MOE to deliver industry expertise and digital infrastructures to uplift Malaysia’s TVET ecosystem. TM One will facilitate education and practical training on advanced technologies to the students and educators, preparing them for emerging digital trends and career opportunities. This aligns with the country’s transformation agenda and TM’s Digital Powerhouse aspiration to revitalise Malaysia’s talent and innovation ecosystem for a digitally enabled and globally competitive workforce.”   

This collaborative effort includes industry placements for educators to develop their digital expertise as well as co-creation of learning modules, syllabi, and curricula revolving technology and telecommunications education, creating a sustainable skills development framework for the future. Leveraging TM’s extensive nationwide connectivity, TM One will also enhance MOE’s digital infrastructure at TVET institutions, fostering a modern learning environment through network enhancements and relevant digital solutions.

This collaboration is expected to produce a highly skilled and digitally proficient workforce, positioning Malaysia as a leader across various sectors. Through this initiative, TM One and MOE are ensuring TVET students and educators are well-prepared with the right skills and certifications, providing greater digital access to students from all backgrounds and shaping a dynamic and digitally empowered Malaysia.

TM welcomes the Government’s Budget 2025 announcement, themed “Ekonomi MADANI: Negara Makmur, Rakyat Sejahtera”, and applauds its continued focus on economic reform and uplifting the well-being of the rakyat. In line with these goals, TM is committed to playing a key role in the nation’s digitalisation journey, ensuring that technological advancements contribute to sustainable and inclusive growth that benefits businesses, MSMEs, communities, and the public sector.

In line with Budget 2025’s priorities, TM continues to support digital inclusivity by collaborating with the relevant Ministries and Government agencies to enhance high-speed internet access for underserved areas and improve the quality of digital services in various industries such as education and healthcare.

TM also remains dedicated to nurturing the nation’s digital talent by integrating crucial skills such as AI, IoT, cybersecurity, and cloud computing into education and training programmes through our Multimedia University (MMU) and collaborations with TVET institutions.

As a trusted partner of over 400,000 MSMEs, TM supports the Government’s ongoing initiatives to strengthen this key segment through various financial initiatives. We will continue providing customised digital solutions and empower MSMEs to thrive in the digital economy.

As we progress towards becoming a Digital Powerhouse by 2030, TM is well-positioned to drive Malaysia’s digital transformation. Our key investments in digital infrastructures, talent development, and sustainability will fuel the nation’s long-term growth, reinforcing Malaysia’s position as a digital hub for the ASEAN region.

MARANG, 14 OCTOBER 2024 – TM via TM One, its enterprise and Government sector business solutions arm, has launched the first Global Business Services (GBS) Centre in the East Coast. The Centre leverages advanced technologies, including AI and Robotic Process Automation (RPA), to strategically address service delivery and digital business capabilities, as well as strengthen the region’s attractiveness in encouraging new investments.

Located in Marang, Terengganu, the Centre was officiated by YAB Dato' Seri Ir. Dr. Ahmad Samsuri Mokhtar, Terengganu’s Menteri Besar. Other state leaders in attendance were Haji Mohd Nurkhuzaini Bin Ab. Rahman, Chairman of the Committee for Digital Economy, New Income, Trade, Industry and Green Technology, Ariffin Deraman, Chairman of the Committee for Entrepreneurship, Human Resources, Cooperatives, and Consumer Affairs and Zulkifly Isa, District Officer of Marang.

Amar Huzaimi Md Deris, TM’s Group CEO, said, “This GBS Centre is the next phase in TM’s efforts to advance Malaysia’s digital infrastructure, empowering businesses, communities and Government in the digital economy. Built on a secure cloud-based platform and leveraging AI technology, this solution provides features like conversational AI, virtual agents and digital channels, enabling swift and efficient response via multichannel interactions. Contributing to the economic and digital development of Marang and surrounding communities, this Centre reflects our Digital Powerhouse aspirations in empowering local talent ecosystem for digital inclusivity across the nation.”

Positioned between major cities like Kuantan and Kuala Terengganu, the Centre is equipped to handle large-scale projects for diverse organisations. These offerings can be customised to organisations’ needs, integrating with existing systems to ensure perpetual service delivery to the end users. Starting with an initial capacity of 300 seats, the Centre is designed to scale up to 1,500 seats as demand grows. It is equipped with multi-lingual capabilities in Bahasa Malaysia, English, Mandarin, Tamil, and Arabic, helping organisations cater to diverse customer demographics.

The Centre is slated to serve key state agencies including Syarikat Air Terengganu (SATU), the licensed water supply operator for 1.2 million residents in the state. This is an extension of TM One’s existing management of SATU’s Contact Centre and will cover queries across voice and digital channels such as Sistem Pengurusan Aduan Awam (SISPA), Suruhanjaya Perkhidmatan Air Negara (SPAN), and social media platforms.

Seoul, South Korea, 1 October 2024 – TM Global, the domestic and international wholesale business arm of Telekom Malaysia (TM), is pleased to announce the extension of its collaboration with Radian Arc, global cloud infrastructure provider, for another two years. This continued collaboration will focus on expanding TM’s cloud gaming offerings at wholesale level.

Building on the successful collaboration initiated in 2022, the extended collaboration will see TM Global and Radian Arc further enhance Malaysia's cloud gaming landscape, as well as expanding these services to other regions including Middle East and African countries. The extended agreement will continue to leverage on Radian Arc’s GPU Edge technology complemented by low-latency SHAKS Gamepad controller developed by Radian Arc’s South Korea-based partner, AKSys Co. This will enable a seamless gaming experience and boost TM Global’s capability in offering high quality, real-time applications.

The signing took place in Seoul with the presence of YB Fahmi Fadzil, Malaysia’s Minister of Communications, who arrived in South Korea for a working visit. TM was represented by Khairul Liza Ibrahim, TM Global’s Executive Vice President, while signing on behalf of Radian Arc was its Chief Executive Officer (CEO), David Cook.

Khairul Liza Ibrahim said, "This collaboration with Radian Arc reinforces our commitment to providing cutting-edge solutions that drive digital transformation. The versatility of GPU technology can be extended beyond gaming offerings, allowing us to cater to a diverse set of workloads and meeting the evolving needs of our customers. We are excited to expand our collaboration with Radian Arc, which not only enhances our existing services but also create opportunities to tap into new markets.”

This collaboration will accelerate TM Global’s aspiration to further explore new innovative services like Bandwidth-on-Demand (BoD), enabling flexible, cost-efficient and real-time capacity management, and GPU-based services. This will enable TM to offer high-performance solutions for various applications such as Large Language Model (LLM) training, AI inferencing, and Desktop-as-a-Service (DaaS). These new offerings will empower our customers with scalable, cloud-based resources that drive innovation for their digital transformation journey.

David Cook, CEO of Radian Arc, commented, “We are thrilled to extend our partnership with Telekom Malaysia, paving the way for groundbreaking services like GPU-as-a-Service and BoD. Together, we will not only enhance TM's offerings but also expand our reach to new regions, empowering businesses with the technology they need to thrive.”

The collaboration reflects TM’s strategic roadmap towards becoming a Digital Powerhouse by 2030, aligning with its commitment to develop a converged ecosystem for digital transformation across all sectors, and strengthening Malaysia’s competitiveness as a key digital hub for Southeast Asia.