TM banks on new biz plan to drive stronger financial performance
Published on: Tuesday, March 19, 2019

KUALA LUMPUR: Telekom Malaysia Bhd ™ is banking on its performance improvement plan (2019-2021) set under the “New TM” initiative to put its finances on a stronger footing in the medium to long term.

Acting Group Chief Executive Officer Imri Mokhtar said 2018 has been a year of reflection for TM in transforming its strategy by strengthening its position in all business areas by reinforcing customer-centric efforts towards digital Malaysia.

He said hence, TM has provided all its three key segments with guidance which entailed focusing on bringing convergence digital to all aspects of lifestyle via TM UniFi, enabling enterprises and the public sector to realise their digital potential with TM One, and connecting Malaysia to the world through TM Global.

He said the UniFi segment has contributed 45 per cent to TM’s revenue, followed by TM One (35 per cent) and TM Global (16 per cent). 

“As the industry, our customers, businesses and the government become more digital, TM will be on a much stronger footprint. It’s going to be a journey for us to turnaround the financial health of the company. – Bernama



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