Telekom Malaysia Bhd (TM) stated that it will continue to work on expanding Malaysia’s total connectivity and digital ecosystem, leveraging 5G capabilities to assist public and private companies in improving efficiency, customer experiences, and driving higher demand.
The national telecommunications company said in a statement on Sunday that it is dedicated to improving the affordability, accessibility, and inclusivity of 5G and high-speed Internet services for all facets of the community, ensuring that these technologies benefit the people.
“TM welcomes Budget 2024, and lauds the government for its forward-looking vision to drive Malaysia’s economic reform and empower the people. We will continue to closely collaborate with the government in enabling the country’s digital aspirations, delivering seamless connectivity and human-centred technologies that are accessible to all Malaysians,” its group chief executive officer Amar Huzaimi Md Deris said.
“Reinforcing the importance of Malaysia’s micro, small and medium enterprises (MSMEs) in the nation’s economy, we commend the government’s efforts to strengthen the competitiveness of this key sector through various financial assistance and digitalisation. TM serves almost 400,000 MSMEs nationwide through affordable connectivity, customised business solutions, and professional empowerment to help them thrive in the digital economy.
“Mirroring the comprehensive and inclusive vision of Budget 2024, TM will continue to strengthen our core services and network infrastructure to power Malaysia as a digital nation, and elevate the country to become a trusted digital hub for the Asean region,” he added.
On Friday, TM shares rose five sen, or 1.01%, and closed at RM5.02, giving the company a RM19.26 billion market capitalisation.