Telekom Malaysia

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TM (Telekom Malaysia) Bhd
Type Public
Founded Incorporated 12 October 1984
Headquarters Headquartered in Kuala Lumpur, Malaysia
Key people Dato' Abdul Wahid Omar, Group CEO
Industry Telecommunication
Products Telecommunication Services
Revenue ▲ RM16.40 billion (USD5.08 billion) (2006)
Employees 30,000 Groupwide
Website www.tm.com.my

Telekom Malaysia Berhad (TM, MYX: 4863) is the largest telecommunication company in Malaysia and also Southeast Asia's second-largest telecommunication company. It has a monopoly on the fixed line network and has a considerable market share of the mobile communications market after its acquisition of Celcom and merging with its mobile operation arm, TMTouch.

TM has an internet service provider subsidiary (TM Net) offering narrowband and broadband connectivity. Broadband connectivity is through DSL under TM Net's Streamyx brand. Due to its near monopoly of the last mile connections, TM Net is now the sole DSL broadband provider in the country.

Telekom Malaysia officially changed its global brand from Telekom Malaysia to TM in April 2005.

Telekom Malaysia Berhad (TM), is one of the largest listed companies on Bursa Malaysia with an operating revenue of more than RM16 billion[1] and total asset over RM41.8 billion [2] . TM is a government-linked company, reporting government shareholdings of over 36%[3]. Of the remaining shares, less than 4% are held by non-bumiputera Malaysians, the racial distinction being an example of the government's affirmative action policy.

Contents

[edit] TM controlled companies and wholly owned subsidiaries

TM corporate headquarters in Kuala Lumpur
TM corporate headquarters in Kuala Lumpur

TM had a large numbers of companies under its control both in and outside of Malaysia. Through its investment arm TM International Sdn Bhd, TM has purchased and assumed control of a number of start-up telcos most notably close to the home region.

[edit] Local subsidiaries

[edit] Overseas subsidiaries

[edit] Market Share

The TM Group has a global presence in 12 countries with staff strength of 30,000 Groupwide. TM has recently made a few new major acquisitions in Indonesia, Pakistan and Singapore in the effort to stamp its presence internationally.

Mobile company Country Subscribers('000) market position
Celcom Malaysia 6,404 2
Dialog Telekom Sri Lanka 3,656 1
Aktel Bangladesh 6,724 3
PT XL Indonesia 10,200 3
MobileOne Singapore 1,409 3
Hello Cambodia 269 3
MTCE Iran 36 4
Spice Telecom India 3,171 6
Multinet Pakistan (Private) Limited Pakistan 10,000 2

[edit] De merger

On September 28, 2007, TM announced a revamp of its corporate structure, de-merging its fixed-line and mobile businesses into two separate companies: "FixedCo" and "RegionCo". FixedCo will comprise its domestic fixed-line business, internet service provider and other ancillary businesses. RegionCo will comprise Celcom, its domestic cellular operator, and all of its international operations. The de-merger exercise is scheduled to be completed by Q1 2008 and both FixedCo and RegionCo will be listed on Bursa Malaysia by June 2008. [4][5]

On December 10, 2007, TM announce a special dividend amounting to RM 1.6 billion to its shareholder. TM further added that after the demerger, Fixed Co. will adopt a dividend policy of a minimum RM700mil or up to 90% of normalized net profit, whichever is higher.[6]

On April 11, 2008, Telekom Malaysia announced that TM International will be listed on the Bursa Malaysia by April 28, 2008.[7]

[edit] History

Formerly a government agency, Jabatan Telekom Malaysia, prior to its corporatisation and privatisation in 12 October 1984 and was known as Syarikat Telekom Malaysia Berhad (STMB). TM was listed on the Bursa Malaysia on 9 September 1990.

[edit] TM satellite earth stations and teleports

There are seven satellite earth stations and teleports

[edit] TM landmarks

TM is also famous for its highly prominent landmarks

[edit] References

  1. ^ TM news release: 1st quarter 2007 higher profits
  2. ^ TM2006_E_01_AGM
  3. ^ TM capital structure
  4. ^ TM To unveil revamp
  5. ^ Celcom see re-listing by June 2008
  6. ^ [http://biz.thestar.com.my/news/story.asp?file=/2007/12/11/business/19724032&sec=business TM to pay RM1.6bil as special dividend
  7. ^ "TM International to list on April 28", The Star. Retrieved on 2008-04-12. 

[edit] See also

[edit] External links