29 Dec 2022
TM's decision to exit menara KL concession
Telekom Malaysia Berhad ("TM" or "the Group") wishes to clarify that Menara KL ("MKL" or "Tower") is owned by the Government while the operations and maintenance of the tower is granted under a concession. TM via its wholly owned subsidiary, Menara Kuala Lumpur Sdn. Bhd. (MKLSB) had undertaken the concession since 1996.
As part of its business transformation programme, TM is focusing its efforts and resources on strengthening its core business of telecommunications and technology. After due consideration on the change in the business nature of MKL, from telecommunications services to tourism and hospitality, TM has decided in October 2021 not to renew the MKL concession and informed the Government accordingly.
Subsequently in 2022, the selection process of the new Concessionaire was then taken up by the Government upon which TM was informed on the appointed company to take over the shares of MKLSB and the MKL concession. MKLSB shall continue to operate the concession and ensure the continuity of MKL operations for the Malaysian public, including international visitors.
Employees will remain employed with MKLSB under the new Concessionaire for a minimum period of 3 years. This is to ensure their welfare is protected in this transition.
In TM’s 3Q 2022 financial announcement to Bursa Malaysia, a reference was made in the subsequent changes to shareholding in MKLSB.
TM practices good governance and transparency in our business undertakings to preserve the interest of our customers and stakeholders. TM will provide our full cooperation and disclosures as required by the authorities.
Building on our commitment to enable a Digital Malaysia, TM will continue to deliver the best telco and technology services for the community, businesses, Government and industry.
YOU MAY ALSO LIKE
YTM launches RM1.5 million social impact grant for NGOs and CSOs to run programmes for the community
Grant to amplify benefits to society; application now open for eligible organisations. Non-Governmental Organisations (NGOs) and Civil Society Organisations (CSOs) aiming to expand the reach of their community-based programmes and increase the benefits to more Malaysians nationwide, may get a shot in the arm in the form of an additional source of funding, thanks to Yayasan TM (YTM)’s Social Impact Grant. The foundation arm of Telekom Malaysia Berhad (TM) recently launched the grant, adding to its many initiatives which are part of its ongoing transformation journey towards becoming a purpose-driven social impact foundation. As a start, YTM is offering a fund of RM1,500,000 in grants for the first phase. The fund is divided into two (2) categories, namely YTM Social Impact Gold Grant, with each grant ranging from RM100,000 to RM250,000 allocated for mid term projects (with the duration of up to one (1) year) while YTM Social Impact Silver Grant is meant for short term projects (with the duration of three (3) to six (6) months) with funding of RM50,000 to RM100,000 per grant. Izlyn Ramli, Director of YTM enthused, “As we embark on our ongoing social impact initiatives, we understand it takes collective and collaborative efforts to bring meaningful changes to the community. That is why at YTM, we are continuously looking for opportunities to work on and with more effective programmes, many of which are already being planned and initiated by wonderful teams out there; delivering positive changes and benefits to more Malaysians nationwide, making that much needed difference. We aim to accelerate our efforts in bringing assistance to those in need through a collaborative model with like-minded NGOs, CSOs, social enterprises, foundations, and community clubs/associations. So, to new and small NGOs as well as CSOs, let us help you get started or get moving on your programmes that address various social issues for marginalised communities.” “This grant supports YTM's three (3) pillars: Education, Community & Nation Building, as well as Tourism, Culture & Heritage. We hope that as we expand the network and reach of worthy initiatives and organisations, by working together we can scale up more effectively to amplify the social impact for communities in need in Malaysia, and perhaps even beyond,” she added. Applications are now open and ends on 31 August 2022. YTM welcomes all eligible organisations to participate and find out more about YTM Social Impact Grant, by visiting https://tm.com.my/yayasantm
TM ONE & SIRIM ACADEMY PARTNERSHIP BOOSTS CYBERSECURITY AND AI GOVERNANCE IN MALAYSIA
KUALA LUMPUR, 6 November 2025 – TM One, TM’s enterprise and government sector solutions arm, has signed a strategic Collaboration Agreement with SIRIM Academy, a subsidiary of SIRIM Berhad, to advance Malaysia’s capabilities in information security, artificial intelligence (AI) governance, and workforce certification. The partnership combines TM One’s expertise in cybersecurity and managed services with SIRIM Academy’s recognised strengths in training, consultancy, standards development and personnel certification. Together, the two organisations will support enterprises and government agencies in closing compliance gaps, adopting global best practices, and building resilience in the digital economy. The collaboration focuses on certification and workforce readiness, supporting organisations to comply with Information Security Management Systems (ISMS, ISO/IEC 27001) and the newly introduced AI Management System (ISO/IEC 42001:2023). TM One will provide operational security capabilities for monitoring and incident response, while SIRIM Academy will deliver professional certification programmes aligning with standards requirements and national frameworks. To ensure compliance, organisations can further leverage TM One’s Managed Security Services including its Security Operations Centre (SOC), Security Information and Event Management (SIEM), Managed Detection and Response (MDR), and Threat Intelligence, which offers continuous protection. The agreement also facilitates joint go-to-market opportunities, with TM One or SIRIM Academy leading client engagements as needed. The collaboration was formally made through an exchange of documents between Shanti Jusnita Johari, TM One’s Executive Vice President, and Dr. Mohd Bakri bin Jali, SIRIM Academy’s Chief Executive Officer (Covering), symbolising the start of a shared commitment to advance Malaysia’s digital trust and governance. Shanti Jusnita Johari said, “This partnership with SIRIM Academy reaffirms TM One’s position as a trusted digital enabler for enterprises and government. By embedding training, consultation and certification into our secure digital infrastructure, we ensure compliance is not only achieved on paper but sustained in practice. Together, we are building the human talent and governance frameworks needed for Malaysia to thrive as an advanced digital nation.” Echoing this, Dr. Mohd Bakri bin Jali also highlighted SIRIM Academy’s commitment, “As the training, consultancy and standards development arm of SIRIM Berhad, SIRIM Academy is committed to raising Malaysia’s industry standards and certification readiness. Partnering with TM One allows us to integrate our expertise in standards implementation with their operational capabilities, enabling organisations to adopt ISMS, AI governance and digital trust practices more effectively. This synergy enhances Malaysia’s competitiveness in the digital economy.” The partnership is the latest milestone in TM’s aspiration to become a Digital Powerhouse by 2030, ensuring enterprises and government agencies are equipped with secure, compliant and future-ready digital solutions.
TM Delivers Strong Performance Amidst Challenging Market Conditions in 3Q 2023
3Q 2023 Key Highlights (vs 3Q 2022) · Operating Revenue declined 2.6% to RM3.08 billion, due to market challenges · PATAMI grew 102.9% from RM265.2 million to RM538.2 million · CAPEX investment stood at 15.1% of revenue or RM1.38 billion, mainly for network infrastructure expansion KUALA LUMPUR, 23 November 2023 – Telekom Malaysia Berhad (“TM” or “the Group”) demonstrates resilience in the face of challenging market dynamics, delivering stronger financial performance in the third quarter ended 30 September 2023 (3Q 2023), compared to the corresponding period last year. This steadfast momentum solidifies TM’s position in the local and global telecommunications landscape. The Group’s Profit After Tax and Non-Controlling Interest (PATAMI) experienced a surge of 102.9% from RM265.2 million to RM538.2 million, against a revenue of RM3.08 billion primarily attributed to a lower tax impact and reduced net finance costs. The strong performance of two of TM’s lines of business, Unifi and TM Global played a pivotal role in this growth. Unifi’s fixed broadband subscription increased 4.6% reaching 3.12 million, while TM Global’s revenue increased due to heightened demand for both domestic and international data services. The Group’s year-to-date (YTD) Capital Expenditure (CAPEX) investment stood at RM1.38 billion or 15.1% of the overall revenue. This strategic allocation of resources is directed towards the nationwide network infrastructure expansion and enhancement of its regional submarine cable system. Reflecting on the 3Q 2023 performance, Amar Huzaimi Md Deris, TM’s Group Chief Executive Officer said, “I am pleased to announce the significant strides we have made amidst intensified competition. Our commitment to advancing quad-play convergence services, coupled with the introduction of attractive and competitive packages, enabled us to retain and expand our customer base, solidifying our portfolio as the true convergence champion. “Our relentless pursuit of improving mobile coverage nationwide aligns with our dedication to inclusivity, bridging the digital divide, and fostering widespread digital adoption. By ensuring our services are accessible to all, we contribute to creating a more connected and inclusive society. “Simultaneously, our aggressive expansion of data and network infrastructure is strategically positioned to meet the growing demands of our domestic market and attract more international players. This is a crucial step towards positioning Malaysia as a digital hub for the region, contributing significantly to the creation of a globally connected digital economy. “TM supports the recently launched New Industrial Master Plan (NIMP) 2030 and we are well positioned to unlock technological opportunities whilst driving innovation for the nation and key economic sectors. As we continue our journey towards humanising technologies, our commitment extends beyond services to the development and refinement of smart innovative solutions. It is not just about technological advancement and improving business outcomes but also about enhancing lives, bringing positive impact to the environment and society. “In summary, these initiatives underscore our goals to foster digitalisation and emerging technologies. Our comprehensive approach reflects TM’s position as a trailblazer in the ever-evolving landscape, with a clear focus on driving positive change and shaping the future of digital connectivity”, added Amar. LINES OF BUSINESS PERFORMANCE Unifi Drives Innovation and Maintains Growth Trajectory Unifi recorded 0.7% revenue growth reaching RM1.41 billion, propelled by effective convergence campaigns and robust customer retention activities. As leader of converged offerings, Unifi continues to elevate connectivity at home and on-the-go through the country’s best fibre network, superior 4G coverage and an expanding 5G nationwide footprint. Driven by vibrant content offerings, improved mobile coverage and competitive new packages, Unifi caters to diverse consumer lifestyles and digital experiences for Malaysians. Unifi received the Open Signal 5G Global Awards 2023, recognising it as one of the fastest 5G telcos in the world. Unifi Business serves close to 400,000 MSMEs nationwide and further strengthened its position as a preferred digital partner. Its diverse digital solutions help MSMEs build stronger brand presence and online visibility, enhanced by ultra-speed broadband internet and 5G mobile to empower their business. Looking ahead, Unifi is solidifying its true convergence leadership and powering the MSME digital ecosystem, driving continuous innovation for the nation’s connectivity needs. TM One Navigates Challenges, Continues to Drive Smart Innovation Despite intense competition, TM One remains a resilient and trusted partner for enterprises and the public sector. Recently, TM One forged a successful collaboration with the Selangor government to launch the Selangor Government Data Exchange (SelGDX) portal, positioning Selangor as the first state in Malaysia to develop a data-sharing platform across its 48 agencies and departments. The portal facilitates secure, fast, and accurate data sharing and processing with enhanced efficiency while fostering transparency and good governance. In August, CyberSecurity Malaysia recognised TM One for its role in safeguarding the Critical National Information Infrastructure through its Security Operations Centre and Network Operations Centre. The award reinforces TM One's commitment to protecting data and devices across all network environments, contributing significantly to national security and opens the door to new cybersecurity solution opportunities. Moving forward, TM One maintains its focus on managed converged next-gen connectivity, smart services, cloud and cybersecurity while remaining steadfast in providing fit-for-purpose solutions to enable industry digital transformation and economic growth. TM One is well positioned to support the recently launched NIMP 2030, dedicated to enabling innovative solutions for the nation and key sectors, spurring new opportunities and driving continuous innovation. TM Global Strengthens Malaysia position as the Preferred Digital Hub for ASEAN TM Global reported a 5.0% revenue increase to RM808.6 million from RM769.9 million, driven by encouraging demand for both domestic and international data services. TM Global actively contributed to Malaysia’s digital transformation through continuous deployment of 5G infrastructure, HSBB access and edge facilities nationwide. These facilities set the foundation for industry players to offer new innovative 5G solutions and industry specific use cases. Despite market challenges, TM Global mitigated the risk through strong collaborations with industry players in promoting wholesale broadband solutions to drive internet inclusivity for the nation. TM Global signed a Memorandum of Understanding with SK Telecom for the joint development of Multi-Access Edge Computing and participated in the Asia Link Cable System to enhance submarine cable capacity from Malaysia to Asia, amplifying inbound traffic, laying a solid foundation for the future of Malaysia's digital landscape. Looking ahead, TM Global remains focused on advancing 5G and broadband infrastructure, whilst expanding its submarine cable system and building regional scale in Content Delivery Network. It will further expand its edge and data centre capabilities, positioning Malaysia as the preferred digital hub for ASEAN. 2023 Market Guidance Revenue Growth Flat EBIT RM1.8bil - RM2.0bil CAPEX/Revenue 18% - 20% The Group is on track to achieve its 2023 market guidance, reinforcing its commitment to powering a digital future.
NEWSLETTER
Just drop your details and stay updated with the world of Telekom Malaysia. We promise – no spam!