25 Feb 2026
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 Highlights
For 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.
Outlook
TM’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.
YOU MAY ALSO LIKE
TM leverages Maxis’ Infra to Drive Enhanced Mobile Connectivity Nationwide
To strengthen the nation’s digital ecosystem through industry collaboration, TM will access Maxis’ 4G Multi Operator Core Network (MOCN), as well as 4G and 2G Domestic Roaming Services to enhance mobile connectivity nationwide. MOCN is a radio access network (RAN) sharing mechanism that allows different core networks to share the same RAN. Through this, TM will extend its 4G coverage across the country by leveraging Maxis’ RAN infrastructure and improve Unifi Mobile's population coverage to above 95%. Maxis will provide approximately 6,800 sites for 4G MOCN and domestic roaming (DR) services, and 10,000 sites for 2G DR, greatly benefiting all subscribers in rural and urban areas nationwide. In a ceremony today at TM HQ in Cyberjaya, Maxis was represented by its Chief Executive Officer, Goh Seow Eng, while Datuk Imri Mokhtar, Group Chief Executive Officer represented TM. Through this strategic partnership, TM and Maxis demonstrate a shared commitment to driving innovation, improving customer experiences, and contributing to the advancement of Malaysia's digital landscape. “This is a significant milestone for Maxis which represents our capabilities and track record in providing high quality mobile networks. We look forward to progressing ahead with TM on this initiative. Industry collaboration is the right way forward as it will ultimately benefit consumers with wider coverage through better cost efficiency and more efficient use of our resources,” said Goh Seow Eng. “We are witnessing an important step in the industry's collaborative efforts towards infrastructure sharing. Our partnership will elevate TM’s 4G mobile proposition to deliver exceptional customer experience for home, SME, and enterprise customers. It will complement our 5G offering, and pave the way for greater innovation and collaboration, to deliver solutions and services for all Malaysians," said Datuk Imri.
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.
TM ONE PARTNERS MINISTRY OF EDUCATION TO ELEVATE DIGITAL SKILLS THROUGH TVET PROGRAMS
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.
NEWSLETTER
Just drop your details and stay updated with the world of Telekom Malaysia. We promise – no spam!