TM’s third quarter revenue boosted by voice and data services

26 Nov 2015

Telekom Malaysia has reported a 2.9% year-on-year increase in revenue for the quarter ended 30 September 2015, attributing this to higher turnover from voice and data services. In the three month period TM generated total revenues of MYR2.923 billion (USD722 million), up from MYR2.64 billion a year earlier, with voice turnover representing roughly 31% of this – MYR895 million, up from MYR812 million. ‘Internet’ revenues for the quarter totalled MYR845 million, up 18.3% against the corresponding period of 2014, with the increase bolstered by upselling and turnover from the company’s IPTV service. ‘Data’ revenue was recorded at MYR689 million in 3Q15, up 17.6% y-o-y on the back of higher leased services.

EBITDA stood at MYR1.038 billion, compared to MYR879.4 million a year earlier, with operating income (EBIT) totalling MYR449.0 million, up 45.2% y-o-y, and 47.0% quarter-on-quarter, primarily due to higher revenue and lower operating expenses. Profit before tax rose by 1.1% year-on-year to MYR259.0 million in 3Q15, while profit after tax and minority interest (PATAMI) was MYR166.8 million, representing a decline of 11.7% against 3Q14, and a drop of 21.4% from 2Q15, due to the net impact of the depreciating Ringgit as well as higher tax charges.

In operational terms, at the end of September 2015 TM reported a broadband subscriber base of 2.294 million, up 3.7% year-on-year, though only 0.3% higher than end-June 2015. Of that total 793,000 were connected to the operator’s fibre-based ‘UniFi’ service, up from 700,000 at end-September 2014. Fixed voice accesses, meanwhile, numbered 4.219 million at the end of the reporting period, down 1.1% y-o-y.

Malaysia, Telekom Malaysia