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Tag: Telekom Malaysia

  • Telekom Malaysia Launches AI-Driven Singing Platform

    Telekom Malaysia Launches AI-Driven Singing Platform

    Launched as part of the “Sejuta Suara, Satu Ritma, Jiwa Merdeka” campaign for Hari Kebangsaan and Hari Malaysia 2024, this groundbreaking platform leverages advanced AI technology to celebrate and highlight the country’s rich linguistic diversity.

    By leveraging AI for automated lip-syncing and voice cloning, TM has created an immersive experience that lets Malaysians sing in their preferred languages or dialects with remarkable realism and ease.

    The platform is driven by a collaboration of seven advanced AI and API systems, all of which are integrated to provide a seamless and intuitive user experience. Powered by Credence, TM’s cloud and digital solutions division, this innovative technology highlights TM’s dedication to advancing digital capabilities and pushing the limits of what technology can achieve.

    Amar Huzaimi Md Deris, TM’s Group Chief Executive Officer, said, “This initiative highlights how AI can be harnessed to celebrate and preserve Malaysia’s rich linguistic diversity.  It gives Malaysians a new way to connect with each other and transform the iconic patriotic anthem into a unifying force for the nation. By leveraging advanced AI technology to promote our unique linguistic heritage, we contribute to national integration, digital inclusion, cultural preservation while fostering stronger unity and a digitally savvy society.”

    Amar highlighted TM’s dedication to making advanced technologies accessible to all Malaysians as it works towards its goal of becoming a Digital Powerhouse by 2030.

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  • TM posts RM175m net loss in Q3

    TM posts RM175m net loss in Q3

    Telekom Malaysia Bhd (TM) suffered a net loss of RM175.59 million during the third quarter ended Sept 30 compared with a net profit of RM211.82 million a year ago, due to an impairment loss on network assets recognised during the quarter.

    In a filing with Bursa Malaysia, TM said it recognised a provision of RM934.8 million during the quarter for the impairment of fixed and wireless network assets following the continued pressure from challenging business, industry and economic conditions.

    It said that the impairment losses were projected based on an assessment of the recoverable value in use of the affected network assets at respective entity levels and it will continue reviewing the economic circumstances revolving around these assets in coming periods to reflect any potential impairment or recoverable value.

    Its core net profit, excluding non-operational items, stood at RM266.4 million, a 71% improvement sequentially while revenue for the quarter rose marginally to RM2.95 billion from RM2.94 billion a year ago on the back of higher data as well as other telecommunication related services revenue.

    During the quarter, UniFi recorded a loss of RM808.3 million compared with a profit of RM56.7 million a year ago, due to the impairment loss on network assets while revenue fell 2% to RM1.33 billion from RM1.36 billion a year ago due to lower revenue from voice services in line with a decrease in customer base and usage.

    This was partially offset by higher UniFi revenue in line with increase in customer base at 1.24 million as at end-September compared with 1.04 million a year ago.

    TM ONE recorded a 13.2% drop in profit to RM147.5 million during the quarter from RM170 million a year ago due to high operating costs, including the allocated impairment loss of network assets.

    Revenue for the segment rose 1.9% to RM1.12 billion from RM1.10 billion a year ago due to higher revenue from customer projects.

    As for TM Global, profit rose 9.1% to RM103.3 million from RM94.7 million a year ago due to lower operating costs while revenue rose 2.6% to RM562.8 million from RM548.4 million a year ago due to higher revenue from voice services.

    For the nine months ended Sept 30, net profit plunged 87.21% to RM83.5 million from RM652.74 million a year ago while revenue fell 1.74% to RM8.73 billion from RM8.89 billion a year ago.

    “The recent industry and market challenges have had major impact to the overall revenue estimates and earnings of TM Group in the financial year. TM anticipates that the challenging environment will persist for both our retail and wholesale segments,” the group said.

    In the midst of these challenges, TM said it will continue to focus on strengthening the performance of its core business and operations.

    In a separate filing, TM announced a revised dividend policy of distributing yearly dividends of 40-60% from its net profit, effective from the next dividend declaration.

    The group said that dividends will be paid depending on overall business and earnings performance, capital commitments, financial conditions, distributable reserves and other relevant factors.

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  • Malaysia’s TM hires four new board members

    Malaysia’s TM hires four new board members

    Telekom Malaysia (TM) has appointed four new directors to the company’s board, following the resignation of David Benello as an independent non-executive director. The new directors are Dato’ Asri Hamidin @ Hamidon, Dato’ Mohd Naim Daruwish, Hisham Zainal Mokhtar and Saheran Suhendran.

    Asri Hamidin is appointed as a non-independence non-executive director representing the special shareholder, Minister of Finance (Inc) on the board.

    Mohd Naim has been made a non-independent non-executive director representing the interests of the Employees Provident Fund (EPF) which is a major shareholder of the Malaysian incumbent.

    Asri is currently the deputy secretary general (investment) at the Ministry of Finance, while Mohd Naim is currently the deputy chief executive (operations) of EPF.

    Hisham and Saheran were appointed as the independent non-executive directors.

    Hisham is currently a director in the group MD’s office at Malaysian Industrial Development Finance Bhd, while Saheran is currently a consultant at Messrs Chua Associates.

    All the board appointment took effect on October 3.

    TM also announced that Farid Basir has joined the telco as its new chief human capital officer (CHCO). Farid, taking over the position previously covered by Suhaimi Sulong as the acting CHCO since early this year, assumed his new role on October 1.

    Prior to his appointment, Farid was the CHCO at Bank Rakyat for almost three years.

    Cisco names Herman Lam as MD for HK & Macau

    Cisco has appointed Herman Lam as managing director for Hong Kong and Macau.

    The company has also announced that Barbara Chiu, vice president of Hong Kong, Macau and Taiwan, will retire by end of October.

    Cisco said Lam brings to the table over 25 years of experience in IT industry combined with a wealth of leadership and management experience gained with leading technology firms.

    Prior to joining Cisco, Lam’s previous stints include CEO of Hong Kong Cyberport Management Company, and general manager of Microsoft Hong Kong.

    Commenting on the appointment, Cisco Greater China chief executive officer Hera Siu said Lam’s “unique blend of experience and knowledge, complemented by extraordinary vision and operational expertise within large organizations,” will bring valuable insights to the company.

    “I also want to thank Barbara, who has had an immeasurable impact on Cisco’s success and express my utmost appreciation for her devotion and leadership during the past 12 years,” Siu noted.

    21Vianet appoints Wing-Dar Ker as DYXnet Group’s CEO

    Chinese carrier-neutral network service provider DYXnet Group has announced that Wing-Dar Ker has been appointed as the company’s new CEO.

    He takes over the position from company founder and CEO Lap Man, who will continue to serve the group as adviser.

    The appointment was made by 21Vianet Group, parent company of DYXnet Group and one of China’s carriers and cloud-neutral internet data center service providers.

    Wing is also president of Shanghai Blue Cloud Technologies Co Ltd, 21Vianet Group’s other wholly-owned subsidiary.

    The move is aimed at facilitating greater collaboration between DYXnet Group and Blue Cloud, while exploring and capitalizing on synergies, 21Vianet said.

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  • Telekom Malaysia launches cheaper broadband plans, says more to come

    Telekom Malaysia launches cheaper broadband plans, says more to come

    Telekom Malaysia Bhd (TM) unveiled new broadband plans Thursday and pledged that it will continue to come up with more packages in line with the government’s aspiration for cheaper services by year-end.

    “We will continue, of course. This is the continuation of giving better and better (plans) to our customers, be they households or businesses. We started back in 2010 (launched unifi), then we had the upgrades in 2016 and 2017. So it is a continuation,” said acting group CEO Datuk Bazlan Osman.

    Speaking at a briefing on the new plans, Bazlan said it will consider feedback from customers, stakeholders and the government, and will continue to come up with more packages, based on demand.

    TM unveiled unifi Basic, a broadband-only plan at 30Mbps with a 60GB monthly usage quota for RM79 per month. This plan is only for households with monthly income of RM4,500 and below.

    The RM79 per month is 56% lower than the current 30Mbps unifi Home plan, which is priced at RM179 per month. Unifi Basic is available starting Aug 15 and pre-orders open on July 15.

    TM will provide upgrades of up to 800Mbps for existing unifi Home customers under its unifi turbo plan. Starting Aug 15, they will be upgraded in phases up to 10 times the current broadband speed, for the same price.

    For example, an existing 30Mbps unifi Home customer will be upgraded up to 300Mbps while a 100Mbps unifi Home customer will be upgraded up to 800Mbps. New customers who subscribe to any existing unifi plan before Dec 31 will also enjoy the speed upgrade in phases, beginning 2019.

    In addition, TM will upgrade over 340,000 Streamyx customers in unifi coverage areas to unifi while those who are not in unifi coverage areas will have double the speed they get now.

    Executive vice-president Imri Mokhtar said TM will continuously invest in fixed and wireless technologies to bring high speed broadband to its customers with more than 350,000 Streamyx customers expected to enjoy faster broadband soon.

    “Though the broadband plans unveiled today are primarily for home customers, we certainly have not forgotten our SME customers,” he said, adding that new plans for its business/SME customers will be announced in the next few months.

    Meanwhile, the unlimited unifi Mobile postpaid plan was announced today at a promotional price of RM99 per month, available from July 15 exclusively for its existing broadband customers.

    “These new plans mark our commitment to bring better affordability/price, speed and coverage for all Malaysians to enjoy a seamless digital experience with unifi. We expect the new broadband plans to place Malaysia alongside the top broadband nations in the region,” said Bazlan.

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  • Telekom Malaysia tumbles 12% in early trade on news of lower broadband prices by year-end

    Telekom Malaysia tumbles 12% in early trade on news of lower broadband prices by year-end

    Shares of Telekom Malaysia Bhd slumped as much as 12.1% this morning to a low of RM3.19 in anticipation of a drop of at least 25% in broadband prices by year-end.

    At the noon break, the stock fell 39 sen or 10.7% to RM3.24 on 39.82 million shares done.

    Multimedia and Communications Minister Gobind Singh Deo said yesterday that discussions by relevant parties on the final charges are expected to conclude by August, after which lower priced broadband packages are expected to be offered.

  • Telekom Malaysia launches POP in Laos

    Telekom Malaysia launches POP in Laos

    Telekom Malaysia has arranged to establish a new point of presence in Laos in collaboration with the Lao National Internet Centre (LANIC).

    Under the agreement, LANIC will host and provide infrastructure for the POP via its international data center in Vientiane.

    Telekom Malaysia will use the POP to provide alternative connectivity options to its customers and afdress growing demand for international internet bandwidth in Laos.

    LANIC is an affiliate of the Laos Ministry of Posts and Telecommunications. The new POP will enable services including IPVPN, IP transit and global Ethernet services.

    “This alliance with LANIC will further strengthen our regional footprint in Southeast Asia, Telekom Malaysia VP for product marketing and operations Mohamed Asri Jaafar said.

    “Through the new POP, TM will be able to offer a vast range of services at a competitive price, going in and out from Laos through diversified routes via submarine and terrestrial cables, connecting to our existing on-net network presence.”

    Telekom Malaysia now has 22 POPs worldwide, spanning Asia, Australia, North America, Europe and the Middle East.