KUALA LUMPUR, 20 AUGUST 2026 – Telekom Malaysia Berhad (“TM” or “the Group”) today announced its financial results for the second quarter ended 30 June 2026 (2Q 2026), recording a 6.8% increase in revenue to RM2.96 billion compared with the same period last year. The performance was supported by growth across all customer segments and continued traction in convergence, enterprise digital solutions and regional digital infrastructure.

The Group maintained resilient underlying performance while advancing its strategic growth priorities. Underlying Profit After Tax and Non-Controlling Interests (PATAMI) increased 4.6% to RM406.3 million in 2Q 2026, supported by resilient core operations and lower net financing costs. On a reported basis, PATAMI stood at RM365.5 million after accounting for costs related to Prihatin and foreign-exchange movements.

For the first half of 2026 (1H 2026), revenue grew 4.8% to RM5.90 billion. Underlying PATAMI increased 7.0% to RM842.6 million compared with the same period last year, while the reported PATAMI stood at RM687.0 million. The performance remained encouraging despite significant year-on-year adjustments, including the previously announced 5G capacity write-down and other one-off costs. These costs were specific to the period and non-recurring in nature.

These strategic actions taken will strengthen TM’s operating efficiency and support sustainable long-term growth. Backed by its resilient underlying performance, the Group remains confident in delivering its FY2026 guidance and maintaining its commitment to sustainable dividends for shareholders.

Reflecting this positive performance and commitment to value creation, the Board declared a second interim dividend of 7.0 sen per share. This brings the total dividend for 1H 2026 to 13.5 sen per share, representing 75% of reported PATAMI, higher than the same period last year.

Meanwhile, Capital expenditure (CAPEX) stood at RM555.7 million in 1H 2026, representing 9.4% of revenue, with investments focused on growth initiatives, such as data centre, cloud, GPU-as-a-Service (GPUaas) and access to 5G. CAPEX is expected to catch up in the second half of the year as the Group accelerates planned investments, in line with its full-year guidance.

Datuk Amar Huzaimi Md Deris, TM Group Chief Executive Officer, said, “Our overall performance demonstrates how the PWR 2030 strategy is delivering tangible progress across the Group. For consumers, we are strengthening Unifi’s convergence proposition by delivering greater value across broadband, mobile and smart home AI solutions, while making premium content more accessible through Unifi TV, such as the FIFA World Cup 2026™. For enterprises and the Government, we are progressing higher value, “nationally hosted” digital solutions, including cloud, cybersecurity, smart services and AI platforms. At the same time, we continue to strengthen our regional connectivity and data centre infrastructure to capture growing demand from hyperscalers and AI-driven workloads.

“Embracing AI and sustainability remain integral to our transformation. Guided by Prosperity, Planet and People, we are ensuring that TM’s growth strengthens business resilience, advances environmental stewardship and enables inclusive digital progress.

“We have taken bold but necessary strategic actions in the first half to strengthen TM’s efficiency, competitiveness and profitability in the long run. With the disciplined execution we have continued to demonstrate, coupled with our focus on growing higher-value recurring revenue across all customer segments, we remain on track to deliver our FY2026 guidance and value-creation commitments, including sustainable shareholder returns. These efforts will further reinforce TM’s role as the nation’s digital orchestrator and advance our Digital Powerhouse 2030 aspiration,” he added.

Growth Across Business Segments in 1H 2026

• B2C (Unifi): Revenue grew 5.2% to RM2.91 billion in 1H 2026, supported by stronger adoption of device-bundled and converged offerings across broadband, mobile, content and smart home solutions. The fixed broadband subscriber base remained stable at 3.23 million despite the competitive market landscape, indicating effective campaign execution. Encouraging demand for cloud and cybersecurity solutions among MSMEs through Unifi Business also contributed to a stronger overall Unifi revenue mix. Moving forward, Unifi will reinforce its convergence leadership by strengthening mobile and smart home value proposition; expanding content-led bundles through next-generation TV, building on the FIFA World Cup 2026™ momentum; enhancing customer experience through agentic AI and digital self-care; and expanding digital solutions for MSMEs.
• B2B (TM One and Credence): Revenue increased 1.9% to RM1.36 billion in 1H 2026, supported by continued demand for connectivity and advanced digital solutions from enterprises and the Government. The Government segment growth was driven by new wins and renewals across cloud, contact centre outsourcing, smart services and cybersecurity, alongside recurring connectivity demand for national strategic projects. The Enterprise segment’s performance remained healthy, supported by connectivity renewals, new data services win in the banking sector and an M2M eSIM project enabling in-vehicle connectivity for a national automotive player. Moving forward, TM One will expand higher-value recurring services across connectivity, cloud, cybersecurity, smart services and AI, further strengthening its role as the trusted digital partner for enterprises and the Government.
• C2C (TM Global): Revenue rose 6.8% to RM1.55 billion in 1H 2026, supported by sustained momentum across data centre, international data and 5G backhaul services. Iskandar Puteri Data Centre (IPDC) Block 2 has been fully taken up, while the successful landing of the Asia Link Cable in Sedili, Johor, adds another strategic route to TM’s international connectivity. Domestically, TM Global reinforced its role as a key 5G backhaul provider, with more than 9,500 sites deployed nationwide, supporting over 80% network coverage. Moving forward, TM Global will expand its 5G backhaul, submarine cable and cross-border connectivity, while scaling its data centre capacity—including the development of TM Nxera—and GPUaaS capabilities to support growing cloud and AI workloads.