30 Aug 2021
TM supports affected small businesses and communities through “Inisiatif Tolong Menolong”
Reaching out to more than 140 SME businesses and 14,000 families nationwide as part of the ongoing Malaysia Prihatin movement.
Telekom Malaysia Berhad (TM) stays committed to its efforts in lending support and aid to affected Small and Medium Enterprise (SME) businesses and communities during this challenging period of COVID-19 pandemic. In view of the immense impact of this unprecedented period, Yayasan TM (YTM), TM's social impact-based foundation and also its Corporate Responsibility arm, embarked on a food bank programme called "Inisiatif Tolong Menolong", as part of the ongoing "Malaysia Prihatin" movement.
The two (2) months programme is aimed at supporting local SME businesses such as grocery stores, sundry shops and restaurants as well as community groups in need including B40 families and the homeless, who are affected by the pandemic and enforcement of Movement Control Order (MCO). For this initiative, YTM works with TM's state offices nationwide to identify the local SMEs and provide the beneficiaries with basic necessities to alleviate their burden during this challenging time.
Izlyn Ramli, Director of YTM shared: "We understand that the MCO is necessary to keep Malaysians safe during this pandemic, but it brought its own challenges to our livelihood. This is where YTM and TM Group continue to lend our helping hand wherever possible, embracing the spirit of "Malaysia Prihatin" and #kitajagakita. Apart from other ongoing initiatives to help the nation bounce back, we have embarked on this nationwide "Inisiatif Tolong Menolong" that adopts a two-pronged approach – providing basic necessities to those in need by purchasing the items from the local SME businesses in the vicinity. This will help the beneficiaries while at the same time assisting in the survival of the affected local SMEs. We hope this humble assistance can make life and business easier for them, and they have a chance to rebuild their lives together."
"We are also very grateful for the great support and cooperation from the TM state offices and our various stakeholders on the ground who have worked tirelessly to make this initiative a success," Izlyn concluded.
The initiative, kicked off on 20 August 2021 nationwide, is set to benefit more than 140 SME businesses, which were selected as collection points for the identified 14,000 families to get their basic food supplies in their respective areas.
This programme is also part of the collective humanitarian efforts of the GLC/GLIC Disaster Response Network (GDRN), for which YTM is co-chair together with Khazanah Nasional Berhad's Yayasan Hasanah, under Ministry of Finance (MOF)-GDRN PERMAI Relief Fund 2021; a matching grant announced under Initiative 6 of Pakej Bantuan Perlindungan Ekonomi & Rakyat Malaysia (PERMAI) to provide immediate relief to those adversely impacted by the COVID-19 pandemic and natural disaster. Earlier this year, TM had disbursed RM1.5 million of the TM's MOF-GDRN PERMAI Relief Fund 2021 via 17 NGOs nationwide and benefited more than 10,000 families from various backgrounds. Also under this fund, working together with Persatuan OKU Sentral and GDRN partners, TM has recently contributed a month's supply of food for front-liners and volunteers working at a Drive-Through Vaccine Center (PPV) specifically for the special needs community, including their guardians and senior citizens in Johor Bahru.
To date, the TM Group including YTM has extended close to RM20 million through various initiatives to ease the lives of affected communities, and in continuous support of Malaysia's nation-building and community welfare agenda in these challenging times. YTM joins all Malaysians in prayer for the safety and health of the nation, together may we return stronger.
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Yayasan TM steps up efforts to nurture future leaders for a digital malaysia; announces increased scholarships and development programme offerings
Yayasan Telekom Malaysia (YTM) today announced that it is increasing its scholarships as well as offerings in its development programme in 2022, as part of its effort to nurture future leaders in the digital space. YTM is making available 230 scholarships compared to 100 last year, comprising 200 local and 30 international YTM Future Leaders scholarships, in addition to 1,500 Form 4 to Form 5 Young Leaders scholarships from only 100 previously – a total of 724% increase in scholarship opportunities. At a virtual media briefing held today, Izlyn Ramli, Director of YTM said, “As a purpose-driven social impact foundation, our objective as part of and together with TM Group, is to fulfil our role in nation-building as the enabler of Digital Malaysia, as well as supporting the Social aspect in TM’s enhanced Environmental, Social and Governance (ESG) efforts.” Telekom Malaysia Berhad (TM), via YTM has long been a strong supporter in nation-building, and especially in Education. Since YTM’s establishment in 1994, more than RM584 million has been disbursed for education, development programmes and various donations, benefiting more than 16,000 students, deserving individuals and organisations. With the aim of delivering even greater impact to the society at large, YTM has embarked on a transformation journey in 2021, with three (3) strengthened pillars namely Education, Community & Nation Building, and Tourism, Culture & Heritage. “YTM aims to leverage on the Group’s strength in delivering human-centred technology and digital solutions as well as in nurturing a digital workforce, to help better lives and livelihoods in target segments of society with impactful sustainable programmes via our three pillars,” said Izlyn. “We believe that Education, our first pillar, is the greatest enabler for change and social impact. Hence, a key strategy in YTM’s transformation journey is to reposition this pillar to reflect that commitment.” “We are also formalising our Structured Development Programme leveraging on our flagship TM Future Skills module which covers both Digital and Employability Skills to help develop our scholars throughout their undergraduate years to become holistic, work-ready professionals with an entrepreneurial mindset, perseverance and ready to drive IR4.0. upon graduation. Alhamdulillah, over the last three years, 35% of our 495 scholars graduated with 1st Class Honours, and of our 253 active scholars, 68% are in the Dean’s list, a testament to their great potential. YTM remains passionate about developing these and more future digital leaders to empower Malaysia’s digital economy,” she added. Annually, YTM offers scholarships to all Malaysians with an outstanding academic record, leadership skills, and a strong desire to succeed. Students who are qualified for these scholarships are chosen based on a number of additional criteria, such as socio-economic background, high intelligence quotient (IQ) test scores, and interview screening. Students can apply online at https://www.tm.com.my/yayasantm during the application period. Announcements will be made through YTM’s official social media assets on Facebook, Instagram and LinkedIn. Abd Hamid Hashim, Head of Education, YTM added, “Other than YTM’s custom-designed Structured Development Programme, one differentiator for YTM is that as part of TM Group, we have our own Multimedia University (MMU), a Premier Digital Tech University, and TM Research & Development (TM R&D) as well as close relationship with key industry players. This makes for a ready ecosystem to develop future digital leaders, to drive IR 4.0. and beyond. “We understand the critical role that education plays in securing Malaysia's long-term development as a nation and in developing tomorrow's leaders. YTM will continue to support educational excellence as part of our transformation journey and aspirations to ensure a steady highly qualified digital talent funnel to help fuel Digital Malaysia. This is in line with the MyDIGITAL government blueprint, yet also fulfils YTM’s role as a foundation to support the underprivileged with great potential.” he concluded. More details of YTM scholarships and financial assistance equipped with custom-designed structured development programmes are as follows: YTM flagship scholarship programmes: Future Leaders Scholarship Full scholarship programme to pursue undergraduate studies in higher education institutions, local and international. Young Leaders Scholarship Financial assistance for deserving students who excel in academic and are active in co-curriculum. TM Edu-Assist Programme Financial assistance for eligible TM Group employees to pursue higher education or professional courses at local institutions. Other YTM education programmes: TM Future Skills YTM’s flagship initiative is a unique STEM based programme that is acknowledged by Pusat STEM Negara and gaining traction in over 500 schools, reaching more than 12,000 student and teachers. It aims to empower them by equipping them with IR4. 0-centric kits and knowledge, such as the TM 3Ducation – 3D printing module and the TM Nano Maker, a real-time data logging tool for STEM; as well as soft skills to develop digital confidence. YTM TM Future Skills Champion Schools Adoption Bridging the digital gap by adopting selected schools as a STEM hub to improve academic and non-academic achievement while engaging students, teachers and parents holistically. YTM TVET Programme Reskill and upskill Technical and Vocational Education and Training (TVET) graduates through digital opportunities and solutions. YTM Future Environmental Leaders Creating awareness among the younger generation on the need to demonstrate sustainable care for the environment through high-impact programs that focus on biodiversity and conservation. YTM Reaching Out Programme Providing after-school activities, Career Talks and motivation for secondary school students and A-Level students. Promotion Of Digital Learning “Sekolah Enuma” it is a cost-effective digital application that supports digital learning for children through games, books and videos. In 2021, YTM was also active in its two (2) other pillars: Community & Nation-Building as well as Tourism, Culture & Heritage. For Community & Nation-Building the objective is to empower sustainable livelihoods for diverse community groups. On COVID-19 related initiatives, TM and YTM have thus far channelled close to RM20 million to assist close to 90,000 families, through various government, GLCs Disaster Response Network (GDRN) and own initiatives, with connectivity and device-related assistance via unifi, CERDIK and MYBaikHati, providing medical and food supplies as well as volunteerism. Notably, TM’s own food bank programme “Inisiatif Tolong Menolong”, via YTM lent support and aid to more than 150 affected Small and Medium Enterprise (SME) businesses and the communities they serve during this challenging pandemic period. This year to date, TM and YTM have contributed more than RM22mil in post-flood relief efforts, to assist close to 1,797 families, 395 students, 3,000 individuals and frontliners covering Selangor, Negeri Sembilan, Melaka, Pahang and Johor in a form of basic needs, household appliances, back to school supplies, psychosocial support and connectivity restoration in affected areas. YTM jump started its third pillar of Tourism, Culture & Heritage in late 2021 with the aim of preserving and celebrating the best of Malaysia; enhancing digital content and experience. This saw the reactivation of Muzium Telekom as a digital arts and technology public gallery event showcase, part of CENDANA’s Art in the City KLWKND programme, attracting more than 3,000 visitors. YTM also supported more than 200 performers from Musicians for Musicians via their Facebook page and promoted them on unifi TV, as well as launched the Young Filmmaker 2021 programme that opens up opportunities for young talents to express their creative ideas, talents and enhance their potential in professional filmmaking As YTM continues on its transformation journey towards a purpose-driven, social impact foundation, it will also be adopting a more collaborative model, leveraging on the collective strengths across the TM Group to run its programmes; supporting the overall ecosystem with like-minded organisations for greater socio-economic impact outcomes.
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 reports operational improvement for 3Q 2019 amidst challenging environment
Telekom Malaysia Berhad (TM) today announced its financial results for the quarter ended 30 September 2019. Financial and Operational Highlights as at Year-to-Date (YTD) September 2019 vs YTD September 2018: Group Revenue of RM8.40 billion, 3.8% lower against YTD September 2018 – in line with guidance- mainly due to lower contribution from all lines of products except data and non-telecommunication related services. Group Reported Earnings Before Interest and Tax (EBIT) for YTD September 2019 increased to RM1.20 billion, from Loss Before Interest and Tax (LBIT) of RM187.3 million over the corresponding nine (9) months period last year, on the back of lower operating cost, from the Group's various cost optimisation initiatives. Group Reported Profit After Tax and Non-controlling Interests (PATAMI) showed significant improvement with a 718.9% growth YTD to RM683.8 million, from RM83.5 million in the corresponding period last year. Stripping off non-operational items, Normalised PATAMI stood at RM810.9 million, higher by 53.7% against the same period last year. The total capital expenditure (CAPEX) was within guidance at 8.8% of revenue or RM736.0 million. Out of the amount spent, 16% was made for Core Network, 58% for Access and the balance 26% was made for Support System. unifi updates: Increased YTD convergence penetration to 55% of TM Households compared to 48% in 30 September 2018. Total broadband customers as at 30 September 2019 was more than 2.15 million. #khabarbaik customer experience related initiatives in 3Q2019: Streamlined all Streamyx packages to a new unifi Lite plan at RM69/month for existing Streamyx customers. Introduced unifi Air to elevate the internet experience of existing Streamyx customers residing in TM's LTE coverage areas. Launched an all-in-one app; myunifi for an easy experience in managing unifi account. TM ONE updates: Signed a series of MoUs and cross-industry strategic digital collaborations with Ministry of International Trade and Industry (MITI), Ministry of Rural Development, Global Health, UMW Corporation Sdn. Bhd. (UMW), Open University Malaysia (OUM), Bintang Urusjuta (M) Sdn Bhd and Digital Perak Corporation Holdings (DigitalPerak). TM ONE further demonstrated its capability to enable digital businesses and government with ten (10) smart solutions and end-to-end Hyperconnected Ecosystem. Held its annual flagship event LEAP Summit 2019 themed "Creative Disruption – Get Ready for It!" to share the successes and lessons from global creative disruptors and provide in-depth insights on industry trends towards Industrial Revolution 4.0 (IR 4.0). TM GLOBAL updates: TM as the National Telecommunication Infrastructure Provider continues to serve as the industry backbone - serving and collaborating with all other licensed operators in Malaysia as the strategic enabler of the Government's National Fiberisation and Connectivity Plan (NFCP) towards reaching more underserved areas nationwide and supporting 5G requirements with its ready and upgraded network infrastructure. Dato' Noor Kamarul Anuar Nuruddin, Group Chief Executive Officer, TM, commenting on the results: "Overall, in 3Q 2019 we saw continued improvements in our fundamentals. I'm pleased to report that our cost management initiatives under our performance improvement plan carried out since last year continues to yield results with profitability improvement. We have managed to keep a closer eye on our operational efficiencies to deliver sustained profitability with lower YTD OPEX/revenue. However, in line with sector contraction, our revenue challenges still persist on the retail front, in line with our expectations and 2019 market guidance. Our CAPEX for YTD September 2019 is well within guidance, totalling 8.8% of revenue, and on track as we continue our targeted investments to ensure we deliver better service experience for all our customers. We continue to offer attractive unifi products and promotions to acquire more customers, whilst addressing Streamyx customers and coverage pain points with price adjustments and our wireless offerings. Over the last three months, we have expressed our intention to be the key driver for Malaysia's Digital Nation aspirations. TM is ready to propel the nation into Industrial Revolution 4.0 (IR4.0) with our proposal to be the nation's infrastructure provider in both the fixed and mobile space. This commitment is reinforced with our participation in the 5G demonstration projects and our preliminary moves toward building infrastructure readiness. In the next few months, we will be showcasing our 5G use cases in SS15, Subang Jaya, Selangor and Langkawi, Kedah in collaboration with local municipal councils and other potential partners. The use cases will cover Big Data Analytics, Smart City, Smart Tourism and Smart Agriculture clusters. The deployment of our tested and proven 5G-enabled smart solutions for the showcase are testament of our commitment in humanising technology towards making life easier, and enriching the quality of life for all Malaysians." Prospects for the Financial Year Ending 31 December 2019 The Group's performance improvement initiatives and efficient cost management continue to improve our profitability. Our focus remains toward our customers, and to strengthen the Group's performance by investing to improve customer experience across segments to grow our revenue.
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