Telekom Malaysia Bhd traded at 7.89 this Friday February 6th, increasing 0.04 or 0.51 percent since the previous trading session. Looking back, over the last four weeks, Telekom Malaysia Bhd gained 1.15 percent. Over the last 12 months, its price rose by 16.89 percent. Looking ahead, we forecast Telekom Malaysia Bhd to be priced at 7.75 by the end of this quarter and at 7.30 in one year, according to Trading Economics global macro models projections and analysts expectations.
Telekom Malaysia Berhad is a Malaysia-based company, which provides communications services. The Company's principal activities include the establishment, maintenance and provision of telecommunications and related services. The Company’s segments include unifi, TM ONE and TM WHOLESALE. unifi comprises the Company’s retail arm, which provides a wide range of telecommunication services and communications solutions to households, individuals as well as small and medium enterprise (SME) companies. TM ONE is responsible for the provision of a wide range of telecommunications services and communications solutions to small and medium businesses as well as corporate and government customers. TM WHOLESALE comprises the wholesale arm of the Company and its subsidiaries that complement the wholesale business, and shared services, which includes all shared services divisions, all business functions divisions, such as information technology and network.