【TM 4863 交流专区】马电讯

icy97

马电讯MekongNet合作 迎柬埔寨客户需求

财经新闻 财经  2015-10-30 10:44
（吉隆坡29日讯）马电讯（TM，4863，主板贸服股）与MekongNet缔结伙伴关系，迎合柬埔寨客户需求。

根据文告，马电讯在柬埔寨的网络服务节点或访问点（point-of-presence，简称POP），将获得MekongNet提供网络基建。

在MekongNet的网络数据中心内的POP，可提供数种不同的网络服务，给当地客户。

马电讯全球与批发部门副总裁莫哈末阿斯里贾法表示，双方缔结的联盟，有助强化马电讯在东南亚的业务版图。

“通过这个新的POP，马电讯可提供具备竞争力价格的广泛服务，给柬埔寨和其他地区的客户。”

同时，双方的伙伴关系，不但有助MekongNet提供更多服务给柬埔寨客户，而且还能连接马电讯在吉隆坡与香港的POP，迎合当地客户日益走高的国际网络宽频需求。

这也有助双方借助对方的区域优势，来满足两国通讯需求，并帮助MekongNet通过马电讯的全球行业地位，来推广本身产品与服务。【南洋网财经】

icy97

進軍4G LTE恐加劇削價戰‧馬電訊短期難討好

2015-11-03 16:33      
（吉隆坡3日訊）馬電訊（TM，4863，主板貿服組）佈局進軍4G LTE市場，分析員擔憂加劇電訊業削價戰，短期內新業務恐怕難以討好。

大眾研究表示，馬電訊積極推進4G LTE服務，採取策略包括與現有電訊公司簽署國內漫遊協議。新產品預期會在明年下半年面市，該公司可能結合現有的寬頻服務如Unifi和Streamyx，並專注於開發高密度區。

馬電訊擁有略多於2千座的電訊塔，確實不足以對抗其他電訊公司，如果該公司善用手中850兆赫頻譜（2 x 10兆赫），有助於加快擴張覆蓋率，提供更優質的全國LTE網絡。

分析員指出，雖然馬電訊有能力提供無線和固定線寬頻配套，但推出2、3年內，可能還是無法帶來可觀的盈利。

政府與馬電訊將聯手推進第二期高速寬頻（HSBB2）和郊區寬頻（SUBB）項目，資本比率尚未出爐。馬電訊今年初接獲中標書後，至今仍未完成細節洽商，以致簽約日期從7月拖延至今。

分析員說，這項合約可以從2018至2019財政年開始提高馬電訊Unifi和Streamyx的運用。

大眾總結說，馬電訊目前本益比達26倍，該行也考慮調低目前為6令吉15仙的合理價，因此決定維持“落後大市”評級。（星洲日報／財經‧報導：王寶欽）


马电讯 投资4G拖累短
财经 股市 行家论股  2015-11-04 12:10
http://www.nanyang.com/node/732337?tid=462

icy97

马电讯偕依区Medini 打造智能大厦和城市

财经新闻 财经  2015-11-04 12:46
（吉隆坡3日讯）马电讯（TM，4863，主板贸服股）和大马依区Medini私人有限公司建立联营关系，以打造智能大厦和智能城市。

根据文告，马电讯独资子公司Intelsec今日和大马依区Medini子公司城镇管理服务私人有限公司（TMS），签署联营和股东协议。

双方计划联营成立管理服务营运公司，提供智能大厦和智能城市服务。

在该协议下，Intelsec和城镇管理服务将在联营公司，各别持股51%和49%。同时Intelsec将以2550万令吉，认购联营公司的2550万股。

联营公司将提供资讯与通讯科技（ICT）的相关服务，以作为大马依区Medini将Medini发展成连接和永续城市，范围涵盖综合基础设施的城市和建筑、设施管理服务、安全保安、停车场管理、能源和设施管理和其他服务。【南洋网财经】

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	PROPOSED JOINT-VENTURE BETWEEN TELEKOM MALAYSIA BERHAD (TM), VIA ITS WHOLLY OWNED SUBSIDIARY, INTELSEC SDN BHD (INTELSEC OR THE COMPANY), AND TOWNSHIP MANAGEMENT SERVICES SDN BHD (TMS), A WHOLLY OWNED SUBSIDIARY OF MEDINI ISKANDAR MALAYSIA SDN BHD (MIMSB)
1.       INTRODUCTION Pursuant to Paragraphs 9.19(23) and 10.08 of the Main Market Listing Requirements (“Main LR”) of Bursa Malaysia Securities Berhad (“Bursa Securities”), we wish to announce that TM, via its wholly owned subsidiary, Intelsec, has today entered into a Joint Venture and Shareholders Agreement (“JVSHA”) with TMS for the establishment of a Joint Venture Company (“JV Co”) which will carry on the business of a managed services operating company to provide smart building services and smart city services (“Proposed Joint Venture”). Intelsec and TMS shall hold 51%, and 49% respectively of the equity interest of the JV Co. Intelsec shall subscribe for 25,500,000 ordinary shares of RM1.00 each in the JV Co at a total cost of RM25.5 million (“Proposed Subscription”). 2.         DETAILS OF THE PROPOSED JOINT-VENTURE 2.1        Business of JV Co JV Co will carry on ICT related business as part of MIMSB’s objective of developing Medini into a connected and sustainable city. The business will include city and building services comprising integrated infrastructure services, integrated parking management, digital signage, energy and facility management services, safety and security services and other services that will be mutually agreed by the parties from time to time. 2.2     Capital Structure a) JV Co shall have an authorised share capital of RM50,000,000.00 divided into 50,000,000 ordinary shares of RM1.00 each. The initial issued and paid up share capital of the JV Co shall be RM32,000,000.00 divided into 32,000,000 ordinary shares of RM1.00 each. b) Within three (3) months after the incorporation of JV Co, the Company and TMS have agreed to subscribe to the First Tranche of the initial issued and paid up share capital amounting to RM2,000,000, in cash and in the agreed proportion of 51%, and 49% respectively. The parties will further subscribe to the Second Tranche of the initial issued and paid up share capital amounting to RM15,000,000 in the agreed proportion within one (1) month after the JV Co’s first Business Plan is approved by its Board of Directors. The remainder of the initial issued and paid up share capital (Third Tranche) in the form of shares amounting to RM15,000,000 shall be subscribed by the parties based on the request from the Board of Directors of JV Co to the shareholders for the purpose of funding JV Co’s business.   c) The Company and TMS have further agreed to an additional future capital contribution of RM18,000,000.00 at such a later time as may be determined by JV Co’s Board of Directors for the purpose of funding the JV Co business as per the aforesaid proportion. 2.3        Sources of Funding The Proposed Joint-Venture will be funded by internally generated funds. 3.         RATIONALE OF THE PROPOSED JOINT-VENTURE JV Co will pave the way towards realising the aspiration of a smart and connected Medini, with TM playing an integral role as the nation’s leading fully integrated communications and ICT services provider as well as our expertise in smart city solutions serving Medini as well as potential regional customers. TM’s investment in JV Co will also provide the opportunity to capture captive market of new project development in Medini for both existing connectivity services including high-speed broadband, as well as other ICT services. 4.         BRIEF INFORMATION ON THE PARTIES 4.1        TM TM is a public listed company duly incorporated in Malaysia on 12 October 1984, with an authorised share capital of RM3,528,003,015.00 divided into 5,040,000,020 ordinary shares of RM0.70 each, 1 Special Rights Redeemable Preference Share of RM1.00, 2,000 Class C Non-Convertible Redeemable Preference Shares (“NCRPS”) of RM1.00 each and 1,000 Class D NCRPS of RM1.00 each. The issued and paid-up share capital of TM is RM2,630,557,302.10 comprising 3,757,934,823 ordinary shares of RM0.70 each, 1 Special Rights Redeemable Preference Share of RM1.00, 2,000 Class C NCRPS of RM1.00 each and 925 Class D NCRPS of RM1.00 each. The principal activities of TM are the establishment, maintenance and provision of telecommunications and related services. 4.2     Intelsec Intelsec was incorporated in Malaysia on 6 October 1995 as a private limited company. It has an authorised share capital of RM25,000,000.00 divided into 25,000,000 ordinary shares of RM 1.00 each, and an issued and paid-up capital of RM 10,650,000 divided into 10,650,000 ordinary shares of RM1.00 each. Intelsec is a wholly-owned subsidiary of TM and its principal activities are the provision information and telecommunications technology (ICT) services and cloud consumption by designing and leveraging on network and exchange platforms. 4.3    MIMSB MIMSB was incorporated in Malaysia on 23 October 2007. It changed its name from RIM City Sdn Bhd to its present name on 22 October 2008. The present authorised share capital of MIMSB is RM60,000,000.00 comprising 50,000,000 ordinary shares of RM1.00 each, 300,000,000 redeemable preference shares (“RPS”) Class A of RM0.01 each and 700,000,000 RPS Class B of RM0.01 each. Total number of shares taken up as at 30 June 2015 is 20,000,000 ordinary shares, 193,181,835 RPS Class A and 461,953,400 RPS Class B. The principal activities of MIMSB are property investment holding and the provision of construction services. 4.4        TMS TMS is a wholly owned subsidiary of MIMSB and is incorporated in Malaysia on 25 May November 2014 as a special purpose vehicle for the provision of township management services. TMS has an authorised share capital of RM10,000,000.00 divided into 10,000,000 ordinary shares of RM1.00 each with an issued and paid-up capital of RM1,000.00 comprising 1,000 ordinary shares of RM1.00 each. 5. FINANCIAL EFFECT 5.1    Share capital and substantial shareholders’ shareholdings The Proposed Joint-Venture will not have any effect on the issued and paid-up share capital as well as the substantial shareholders’ shareholdings of TM. 5.2     Earnings and Net Assets The Proposed Joint-Venture is not expected to have any material effect to the earnings and net assets of TM Group for the financial year ending 31 December 2015. 6. APPROVALS REQUIRED The Proposed Joint-Venture is not subject to shareholders’ or any government authorities’ approval. 7. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTEREST Save as disclosed below, none of the Directors and other major shareholders of TM and/or persons connected to them has any interest, whether direct or indirect, in the Proposed Joint-Venture: a) Khazanah Nasional Berhad (“Khazanah”), a major shareholder of TM, is also a major shareholder of MIMSB. b) Tunku Dato’ Mahmood Fawzy Tunku Muhiyiddin, a nominee Director of Khazanah; and c) Nik Rizal Kamil Tan Sri Dato’ Nik Ibrahim Kamil, alternate director to Tunku Dato’ Mahmood Fawzy Tunku Muhiyiddin. 8.       AUDIT COMMITTEE STATEMENT The Board Audit Committee of TM (“BAC”), save for YM Tunku Dato’ Mahmood Fawzy Tunku Muhiyiddin, as an interested Director by virtue of his position as nominee Director of Khazanah, a common major shareholder in TM and MIMSB, having considered all aspects of the proposed JVSHA, is of the view that the Proposed Joint-Venture is in the best interest of TM, fair and reasonable and on normal commercial terms, and is not detrimental to the interest of the minority shareholders of TM. The above view is arrived at after having considered the rationale of the Proposed Joint-Venture, the long-term accretive value it brings to TM Group and the strategic fit of the proposed JV Co to TM’s growth strategy for the Managed Accounts segment. 9.       BOARD OF DIRECTORS’ STATEMENT The Board of Directors of TM save for interested directors namely, Tunku Dato’ Mahmood Fawzy Tunku Muhiyiddin and Nik Rizal Kamil Tan Sri Dato’ Nik Ibrahim Kamil, having considered the recommendations of the BAC and the rationale of the Proposed Joint-Venture, is of the view that the Proposed Joint-Venture is in the best interest of TM, fair and reasonable and on normal commercial terms and not detrimental to the minority shareholders’ interest. 10.     HIGHEST PERCENTAGE RATIO APPLICABLE PURSUANT TO PARAGRAPH 10.02 (g) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD (“Main LR”) Pursuant to paragraph 10.02 (g) of the Main LR, the highest percentage ratio applicable to the Proposed Joint-Venture is 0.3%. 11.     TOTAL AMOUNT TRANSACTED WITH THE SAME RELATED PARTY FOR THE PRECEDING 12 MONTHS In the preceding 12 months, the total transaction between TM and its subsidiaries with MIMSB amounted to RM280,771. This announcement is dated 3 November 2015.

icy97

惠譽：馬電訊加入4G戰圍 流動通訊業競爭白熱化
  
2015年11月20日 企業
（吉隆坡20日訊）惠譽國際評級機構（Fitch Ratings）預計，在此刻市場消費能力疲弱之際，加上馬電訊（TM，4863，主要板貿服）進駐4G市場，我國流動通訊行業競爭料將白熱化。

根據惠譽國際評級機構報告，固定電話線和光纖寬帶服務將維持适度競爭。

該機構預測，通過擴大光纖鋪設範圍，流動通訊行業營業額料可取得個位數微幅成長。不過，在營業額和成本增加壓力下，電訊營運商的平均利息、稅務、折舊與攤銷前盈利（EBITDA）或萎縮70個基點至100個基點。

同時，惠譽指出，長期演進網絡技術服務（LTE）和光纖寬帶服務的拓展將提高資本開銷（CAPEX）。這將使馬電訊的營運資金（FFO）的淨槓桿率從1.9倍提高至2.0倍，接進負面指南。

另外，由于令吉持續走貶，行內競爭激烈拖累資金流動，該領域前景料將受限。

該機構稱：“資本開銷和股息高居不下，這將導致信用指標惡化可能性更大。”

“然而，一旦行內競爭緩和，賺幅和營運資金提高，則有望待動該行業前景轉穩。”【中国报财经】

icy97

P1營運蒙虧‧馬電訊第三季淨利跌12%

2015-11-26 16:33      
（吉隆坡26日訊）馬幣走疲加劇美元貸款之外匯虧損，加上P1蒙受營運虧損，馬電訊（TM，4863，主板貿服組）截至2015年9月30日止第三季淨利跌11.7%至1億6千687萬令吉。
第三季賺1.67億

首9個月淨利跌17%至5億

首9個月淨利難逃馬幣拖累而跌17.2%，至5億零785萬1千令吉。

第三季營業額揚10.9%至29億2千254萬8千令吉，主要受互聯網與多媒體拉抬，語音和數據服務則受局部抵銷。9個月營業額受互聯網與多媒體驅動走高5.7%至85億3千721萬令吉。

馬電訊在文告中說：“互聯網與多媒體服務營收走高18.3%至8億4千45萬令吉，其中UniFi客戶由69萬9千822戶走高至79萬3千戶，去年9月杪收購P1後數據服務從國際獲更高營收。”

集團首席執行員丹斯里詹占賽拉尼表示，第三季業績好壞參半，儘管營運環境充滿挑戰，第三季總營收按季揚2.9%至29.2億主要由語音與數據驅動，稅前盈利也按季改善1.1%至2.59億；馬幣走疲和更高稅務拖累，淨利卻受壓至1億6千687萬，相比正常化淨利約2億令吉。

“馬電訊持續保持大馬寬頻冠軍，第三季寬頻用戶增長3.7%，由221萬增至229萬戶，其中UniFi升1.4%或1萬1千戶至79萬3千戶，53%用戶使用4Mbps以上。”

他說，收購P1協作良好，P1已發展作為集團流動卓越中心，長遠演進（LTE）網絡將規劃作為P1未來成長，12月杪測試後料2016年初可推展和有效傳輸。

第三季資本開銷11億5千萬令吉，或佔營業額13.5%，期間共開銷4億6千700萬令吉。

“大馬經濟研究院預測大馬下半年經濟充滿挑戰，主要是原產品出口價走跌、馬幣走疲和政治波動，馬電訊持續對2015年保持正面，高速寬頻（HSBB）擴展後UniFi繼享高訂購，將給寬頻用戶更佳體驗。”（星洲日報／財經）

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2015

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2015	30 Sep 2014	30 Sep 2015	30 Sep 2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	2,922,548	2,636,010	8,537,210	8,077,796
2	Profit/(loss) before tax	259,027	262,889	687,182	851,850
3	Profit/(loss) for the period	135,259	191,544	433,117	634,833
4	Profit/(loss) attributable to ordinary equity holders of the parent	166,870	188,849	507,851	613,510
5	Basic earnings/(loss) per share (Subunit)	4.44	5.13	13.60	16.99
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	9.30	9.50
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	2.0096		2.0356

icy97

馬電訊攻無線業務‧電訊業競爭白熱化

2015-12-03 16:32      
（吉隆坡3日訊）電訊公司第三季財報表現喜憂參半，分析員預期馬電訊（TM，4863，主板貿服組）在明年進軍無線業務後，將在領域掀起更大的風浪，市場競爭可能日趨激烈。

第三季財報喜憂參半

大眾研究表示，今年第三季亞通（AXIATA，6888，主板貿服組）和明訊（MAXIS，6012，主板貿服組）盈利表現符合預期，數碼網絡（DIGI，6947，主板基建計劃組）和馬電訊表現則稍遜預期。

達證券認為，激烈競爭仍是上季關鍵主題，其中天地通從明訊和數碼網絡贏得更多預付用戶，但卻也因停止其後付促銷配套，而丟失最多的後付用戶。

以用戶平均收益（ARPU）來看，明訊ARPU季增4.3%，抵銷用戶流失衝擊，但數碼網絡語音業務ARPU表現低於預期，歸咎於高國際漫遊收費和外勞客戶消費減少。

展望未來，達證券相信通訊業激烈競爭仍值得憂慮，特別是數碼網絡已開始重組預付配套準備反擊，同時馬幣走疲也推高國際漫遊收費，令國際直撥長途電話（IDD）市場競爭也日趨激烈。

大眾研究也認同，隨著馬電訊在明年揮軍進攻無線業務，市場競爭恐更為激烈，因此維持電訊業“中和”評級。

另一方面，馬幣疲軟影響消費力，加上競爭激烈和高資本開銷，惠譽評估機構相信電訊業明年將面對重重挑戰，將2016年展望從“穩定”下調至“負面”。

專譽預期大馬電訊業前景上揚空間有限，因馬幣料持續疲軟和競爭激烈將拉低營運現金流。

由於流動電訊業競爭激烈，相信通訊商們將會為消費者提供更便宜的流動數據（Data）和IDD服務，同時馬電訊進軍4G市場，也為流動通訊收費帶來持續性壓力。

該機構指出，電訊業營運盈利（EBITDA）賺幅將縮窄70至100基點，主因是營業增長壓力和成本增加。

惠譽預期通訊領域營業額明年只會有個位數成長，光纖業務成長將緩衝IDD和流動數據放緩衝擊。

不過，惠譽認為，一旦電訊領域競爭顯著緩和，這將改善其賺幅以及現金流，進而扭轉整個行業的形勢。

整體來看，在眾多通訊公司中，馬電訊受到無線領域的影響最小，而數碼網絡則擁有最多預付電話用戶。（星洲日報／財經‧報導：洪建文、傅文耀）

icy97

达成合作协议　TM用户观看iFLIX可享优惠一年

科技  2015年12月04日
（吉隆坡4日讯）马电讯（TM，4863，主板贸服股）和东南亚网络电视服务商iFLIX集团合作，增加电视內容选择和提升客户体验，后者则藉此翻倍其大马订户量，缔造双贏局面。

马电讯和iFLIX集团合作期限长达12个月，是否延展合作关係將取决于期间的活跃用户人数和公司理念符合度。

马电讯將于今年12月中旬提供为期1年的优惠予Unifi高速宽频用户，只需缴付96令吉（相等於一个月8令吉），而且没有任何附加费用。尔后亦会开放予Streamyx宽频用户。

马电讯新媒体执行副总裁江荣全在双方宣布合作的记者会上指出，是次合作是为了让宽频用户在享有HyppTV宽频电视节目之余，能通过iFLIX观看更多的电视节目和电影。

他坦言，该公司未来会和其他互联网电视（OTT）展开合作。

节目內容不重叠

至於旗下HyppTV宽频电视和iFLIX提供的服务是否会重叠，他表示，「我们的宽频电视是播放各地最新內容，而iFLIX则是提供客户1年前左右的电影或电视节目。」

大马iFLIX首席执行员阿兹兰奥斯曼也就此强调，双方公司所提供的节目內容大不相同。

他补充，该公司提供超过2万小时的节目任君选择，並计划在明年推出自身製作的电视系列节目。

「是次与马电讯合作，预计能推高我们现有大马订户量近1倍。」另一方面，iFLIX集团业务横跨大马、泰国和菲律宾，3国订户量超过100万名，每日平均用户观看时间达100分钟。

该公司在大马的合作伙伴包括，数码网络（DIGI，6947，主板基建股）、三星、马银行（MAYBANK，1155，主板金融股）和LAZADA网络平台等。

阿兹兰奥斯曼称道，该公司不排除和其他电讯企业成为合作伙伴，在未来也会积极地在新兴市场和中东国家寻找商业伙伴，扩大iFLIX的销售网络。

他指出，iFLIX和数码网络在不久后，公佈最新的合作消息。【东方网财经】

icy97

与政府签HSBB2和SUBB协议　马电讯投资23亿

经济新闻
18/12/201520:35
（吉隆坡18日讯）马电讯有限公司（TM，4863，贸易服务组）与中央政府就第二期高速宽频（HSBB2）及郊区宽频（SUBB）计划签署协议，并为总值34亿令吉的项目成本出资23亿令吉。

马电讯向大马交易所报备，将与政府合作，展开接入和国内核心网络，以提供端对端HSBB2和SUBB基础建设。

HSBB2和SUBB这两项计划是在2015年财政预算案公布的。

马电讯指出，HSBB2将在逾10年期陆续推出，以在2017年为超过39万户提供高速宽频服务。政府将投资5亿令吉，而马电讯将拨13亿令吉。

该公司指出，SUBB的基础设施同样会在超过10年的时间陆续推出，其中政府投资6亿令吉，马电讯投资10亿令吉，以在2019年为逾42万户提供高速宽频服务。

根据马电讯，HSBB2将覆盖其他优先经济区，包括州首府和特定主要城市；而SUBB将覆盖郊区和乡区地方。这两个项目将包括覆盖区的教育机构。

马电讯也将推出最后一英里接入网络至家庭和企业，以方便HSBB服务使用3种主要技术，即Fibre-to-the home （FTTH）、Ethernet-to-the-home（ETTH）以及Very High Speed Digital Subscriber Line 2（VDSL2）。

“马电讯还需要提供公平合理的接入HSBB网络，即提供HSBB接入服务、HSBB传输服务和/或HSBB连接服务予使用者。”

“马电讯相信将能够为大马的应用程序和内容开发提供世界级的基础建设，家庭和企业的网速高达100Mbps。”

马电讯集团总执行长丹斯里占占再拉尼在另一份文告中指出，HSBB2和SUBB不仅有利于消费者，大马企业也可享有世界级网络基础建设和超高速连接。

马电讯预计，这项目不会对截至12月31日止2015财政年的盈利有任何实质影响。【光华日报财经】

Type	Announcement
Subject	OTHERS
Description	TELEKOM MALAYSIA BERHAD (TM OR THE COMPANY)Execution of Agreement on High Speed Broadband Project 2 (HSBB2) and Sub Urban Broadband Project (SUBB) in Malaysia between the Government of Malaysia and TM
We refer to our announcements dated 25 February 2015 [Ref No: TM-150225-52543]. 1.0       Introduction TM is pleased to announce that it has today, signed the Agreement on the High Speed Broadband 2 (“HSBB2”) Project (the “HSBB2 Agreement”) and Sub Urban Broadband (“SUBB”) Project (the “SUBB Agreement”) in Malaysia with the Government of Malaysia (the “Government”). 2.0       Details of the Transaction 2.1       High Speed Broadband 2 (“HSBB2”) Project 2.1.1.  TM, had on 25 February 2015, announced that it has accepted the Letter of Award (“LoA”) from the Government for the implementation of the HSBB2 Project in collaboration with the Government to deploy the access and domestic core networks to deliver an end-to-end HSBB infrastructure. 2.1.2   The infrastructure will be rolled out over a period of ten (10) years with the Government investing RM500 million and TM RM1.3 billion to provide high-speed broadband access to over 390,000 premises by 2017. 2.1.3   Under the HSBB2 Agreement:- i.       Phase 2 of the project will cover other priority  economic areas including the state capitals and selected major towns, including  passing Public Universities,  Institutions of Higher Education (Institut Pengajian Tinggi Awam or IPTAs) , Private Institutions of Higher Education (Institut Pengajian Tinggi Swasta or IPTS), Matriculation Colleges and other Government Colleges within the rollout areas. ii.      TM will roll-out last mile access network to homes and businesses to facilitate HSBB services using three (3) main technologies, i.e. Fibre-to-the home (“FTTH”), Ethernet-to-the-home (“ETTH”) and Very High Speed Digital Subscriber Line 2 (“VDSL2”). iii.     TM is to provide fair and equitable access to the HSBB network by offering HSBB Access Services, HSBB Transmission Services and/or HSBB Connection Services to access seekers. 2.2       Sub Urban Broadband (“SUBB”) Project 2.2.1   TM, had also on 25 February 2015, announced that it has accepted the LoA from the Government for the implementation of the SUBB Project in collaboration with the Government to deploy the access and domestic core networks to deliver an end-to-end SUBB infrastructure. 2.2.2   The infrastructure will be rolled out over a period of ten (10) years with the Government investing RM600 million and TM RM1.0 billion to provide high-speed broadband access to over 420,000 premises by 2019. 2.2.3  Under the SUBB Agreement:- i. The project will cover sub urban and rural areas, including passing Public Universities, Institutions of Higher Education (Institut Pengajian Tinggi Awam or IPTAs), Private Institutions of Higher Education (Institut Pengajian Tinggi Swasta or IPTS), Matriculation Colleges and other Government Colleges within the rollout areas. ii. TM will roll-out last mile access network to homes and businesses to facilitate HSBB services using three (3) main technologies, i.e. VDSL2, FTTH and ETTH. 3.0      Rationale for the Transaction The HSBB2 and SUBB Projects are key initiatives in the effort to widen broadband penetration in the country and the HSBB2 and SUBB will benefit the industry and the country as a whole. TM believes that it will be able to provide world-class infra-structure for applications and content development in Malaysia with speed of up to 100 Mbps for both homes and businesses. 4.0       Financial Effects of the Transaction 4.1       Issued and Paid-Up Share capital The HSBB2 and SUBB Agreements will not have any effect on the issued and paid-up share capital of TM. 4.2       Earnings, Net Assets and Gearing The HSBB2 and SUBB Projects are not expected to have any material impact on the earnings, net assets and gearing of TM Group for the financial year ending 31 December 2015. 4.3       Substantial Shareholders’ Shareholdings The HSBB2 and SUBB Agreements will not have any effect on the shareholding of TM’s substantial shareholders. 5.0       Approvals Required The execution of the HSBB2 and SUBB Agreements have been duly approved by the Board of Directors of TM and is not subject to any other approvals. 6.0       Directors' and Major Shareholders' Interest None of the Directors or major shareholders or persons connected to them has any direct or indirect interest in the HSBB2 and SUBB Agreements. This announcement is dated 17 December 2015.

icy97

Type	Announcement
Subject	OTHERS
Description	TELEKOM MALAYSIA BERHAD (TM OR THE COMPANY)Execution of Agreement on High Speed Broadband Project 2 (HSBB2) and Sub Urban Broadband Project (SUBB) in Malaysia between the Government of Malaysia and TM
We refer to the abovesaid announcement dated 17 December 2015 [Ref No: GA11112201500006]. Attached herewith the news release with regards to the same.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4953797

Attachments NR HSBB2 and SUBB Signing 17Dec15 .pdf

icy97

34億合約催化盈利‧馬電訊派息不受影響

2015-12-18 18:28      
（吉隆坡18日訊）馬電訊（TM,4863,主板貿服組）總值34億令吉高速寬頻合約入袋，分析員看好這將成為集團中長期盈利催化劑，而集團有足夠的財政能力籌措資本，不會影響未來派息表現。

有財政能力籌資

馬電訊與政府簽署協議，以在10年內進行總值34億令吉的第二階段高速寬頻服務（HSBB）和近郊地區寬頻工程（SUBB），以期在2017年和2019年為逾39萬戶和42萬戶家庭提供高速寬頻服務。

豐隆研究認為，儘管相關工程有所延宕，但仍將為集團未來增長帶來正面利多，HSBB2將擴大高速網絡覆蓋率22%，從177萬戶增至216萬戶家庭。

“同時，P1等流動通訊公司也將從更廣泛的光纖網中受惠，以支撐4G服務素質。”

但達證券對HSBB2和SUBB的涵蓋家庭數量雙雙調降感到意外，惟相信這無損對馬電訊中期增長的影響。

大眾研究認為，HSBB和SUBB效益料難在短期內顯著推動馬電訊固線用戶增長，但相關計劃將使集團打開服務不足地區的廣大Unifi潛在用戶群，將成為長期增長催化因素。



資本開銷料明年見頂

與此同時，大馬研究說，馬電訊管理層並未透露2016財政年資本開銷訊息，但透露資本開銷將在明年見頂。

假設HSBB2和SUBB未來10年資本開銷平攤，馬電訊2015財政年資本開銷將額外增加2億3千萬令吉，僅佔總資本投資的8%，因此維持其2016財政年資本開銷佔營業額23%比重目標，預見未來資本開銷將進一步下滑至20%。

肯納格研究指出，憑藉豐富的網絡經驗，以及HSBB1以外地區殷切需求支持下，相信HSBB2和SUBB2的妊娠期將更短。

“馬電訊手握34億令吉銀彈，而截至2015年第三季止，其總債務佔營運盈利比為1.86倍，融資將不成問題。”

安聯星展研究也認同，稱在扣除政府分額後，兩大工程將推高馬電訊2016至2017財政年資本開銷4億令吉，但集團負債比仍在舒適水平，仍有融資空間。

更重要的是，豐隆研究說，縱然馬電訊2016和2017財政年資本開銷上揚，也不會影響到派息政策。

盈利前景方面，各大證券行意見分歧，大馬研究維持2016和2017財政年盈利不變，但安聯星展研究則基於高折舊開銷，下砍馬電訊2016至2017財政年每股盈利2至3%，但相信隨著Unifi新增用戶增加，以及Streamyx用戶平均收益（ARPU）上揚，相信2018財政年後盈利將捎來好消息。

不過，投資者對新合約入袋消息反應冷淡，馬電訊今日低開低走，全日以6令吉52仙平盤價掛收。（星洲日報／財經）

icy97

马电讯 P1 天地通合作 增强基建扩大服务

经济新闻
3/02/201619:04
（吉隆坡3日讯）马电讯有限公司（TM，4863，贸易服务组）子公司Packet One Networks（马）私人有限公司（P1）与天地通亚通（Celcom Axiata）携手合作，为用户提供本地漫游服务。

作为回报，天地通将可使用马电讯的增强网络设施与基建。

马电讯向大马交易所报备，集团已和P1以及天地通签署一项本地漫游服务与设施协议，以促成这项漫游安排。

马电讯也和天地通、Celcom Mobile私人有限公司，以及Celcom Networks私人有限公司就下一阶段的基建合作签署一项协议备忘录，此合作包含马电讯的下一代回程服务（NGBH）以及高速宽频网络（HSBA）。

该协议备忘录涵盖一项由马电讯与Celcom Mobile就高速宽频（HSBB）服务协议签署的补充协议，以及马电讯和天地通签署的批发频带（wholesale bandwidth）服务补充协议。

马电讯在文告中指出，根据三方签署的协议，P1可透过这项策略商业合作，为用户提供本地漫游服务，作为提供无缝隙衔接流动网络服务予客户的部分计划。


马电讯表示：“与此同时，天地通、Celcom Mobile和Celcom Networks签署的基建合作协议，可透过NGBH和HSBA为天地通的流动站点及宽频覆盖范围，提供光纤回程衔接（fibre backhaul connectivity）的批发安排。”

马电讯与天地通联合发布的文告指出，这项协议是由马电讯集团总执行长丹斯里占占再拉尼、P1主席Chan Cheong，以及天地通亚通总执行长拿督斯里沙查利所签署。

“这项合作有助我们进一步开拓流动主张，全力推行真正融为一体的固定宽频服务体验。为了达至这个目标，P1目前与我们联手合作，为推广接下来的流动服务，进行用户测试和网络准备测试。”

马电讯补充，根据这项合作协议，天地通使用马电讯的高速宽频网络的这一部分也可续约。

“这将促使我国的领先数据供应商为用户提供固定宽频服务，无论是企业对客户（B2C）或企业对企业（B2B）。”

有鉴于此，天地通的全国网络覆盖率和功能，将随着公司积极推广LTE网络而进一步延伸。

再者，马电讯表示，此合作将可避免不必要的网络基建重叠运用的情况，这也是促使两家公司运作更有效率的策略举措。

这项本地漫游协议为期最少5年，并自动续约另外5年；而基建合作的期限将根据所提供的服务而定，1年至10年不等。

马电讯指出，这项合作料将不会对其截至今年12月杪的财年盈利和净资产，构成任何重大影响。【光华日报财经】

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	TELEKOM MALAYSIA BERHAD (TM OR THE COMPANY) COLLABORATION BETWEEN TM, PACKET ONE NETWORKS (MALAYSIA) SDN BHD AND CELCOM AXIATA BERHAD
1.0       INTRODUCTION TM wishes to announce that the Company and its subsidiary, Packet One Networks (Malaysia) Sdn Bhd (“P1”) have today entered into the following agreements (“Definitive Agreements”): i) Domestic Roaming Services and Facilities Agreement (“DR Agreement”) between TM, P1 and Celcom Axiata Berhad (“Celcom”); and ii) Memorandum of Agreement for the next phase of infrastructure collaboration comprising TM Next-Gen Backhaul™ Services and TM’s High Speed Broadband (Access) between TM, Celcom, Celcom Mobile Sdn Bhd (“Celcom Mobile”) and Celcom Networks Sdn Bhd (“Celcom Networks”) (“Infrastructure Collaboration”), (to be collectively known as “Collaboration”). The Memorandum of Agreement comprise of the following agreements: i) the Supplemental Agreement No. 5 to the High Speed Broadband (“HSBB”) Service Agreement between TM and Celcom Mobile; ii) the Addendum No. 1 to the Specific Terms and Conditions for Wholesale Internet Access Services between TM and Celcom Networks; iii) the Specific Terms and Conditions for Fiber Backhaul Connectivity Services between TM and Celcom Networks; iv) The Supplemental Agreement No. 2 to the Wholesale Bandwidth Services Agreement between TM and Celcom. TM and P1’s agreement with Celcom entails a strategic business cooperation that enables P1 to provide Domestic Roaming services as part of its plan to deliver seamless access for mobile network connectivity to its customers. At the same time, the Infrastructure Collaboration agreements with Celcom, Celcom Mobile and Celcom Networks will provide wholesale arrangement on fiber backhaul connectivity through its Next Generation Backhaul (“NGBH”) Services and High Speed Broadband (Access) (“HSBA”) for Celcom’s mobile access sites and fixed broadband coverage. 2.0       SALIENT POINTS OF THE DEFINITIVE AGREEEMENTS The salient points of the Collaboration are as follows:- 2.1 Scope   a) Scope of the Domestic Roaming services Celcom shall provide the following to TM or P1: i) 2G and/or 3G Domestic Roaming services and Circuit Switch Fall Back (“CSFB”) voice and Enhanced Single Radio Voice Call Continuity (“eSRVCC”) to support seamless voice service handover from P1 Long Term Evolution (“LTE”) to Celcom 2G and/or 3G or any similar technology whenever it’s made available by P1 to Celcom and accepted by Celcom (hereinafter referred to as “the Domestic Roaming Arrangement”); ii) The 2G and/or 3G Domestic Roaming services to be provided under the Domestic Roaming Arrangement shall be Voice, Short Messaging Service (“SMS”), Multimedia Messaging Service (“MMS”), Data and International Direct Dialling (“IDD”), if any. b) Scope of the Infrastructure Collaboration The Infrastructure Collaboration will extend Celcom’s nationwide coverage and network capabilities beyond its current capacity with its progressive roll-out of its LTE network. The collaboration will elevate the existing partnership between TM and Celcom for TM Next-Gen Backhaul™ services to another level as it extends the additional provision of Celcom’s LTE sites and access to HSBB’s network. 2.2 Duration a) Term of the Domestic Roaming services The proposed Domestic Roaming agreement is for a minimum period of five (5) years with an automatic renewal for a further period of five (5) years. b) Term of the Infrastructure Collaboration The period for the Infrastructure Collaboration ranges from one (1) year to ten (10) years based on the services provided. 3.0       RATIONALE FOR THE COLLABORATION In the spirit of supporting the Government’s aspiration in fostering partnerships amongst industry players, TM is partnering with Celcom to leverage on existing infrastructure in order to enhance and develop the end user experience for all parties. The Domestic Roaming arrangement will enable P1 to access Celcom’s mobile network coverage nationwide. In return, Celcom will have access to enhanced network facilities and infrastructure provided by TM. 4.0       BRIEF INFORMATION ON PARTIES 4.1       TM TM, a public listed company duly incorporated in Malaysia on 12 October 1984, has an authorised share capital of RM3,528,003,015.00 divided into 5,040,000,020 ordinary shares of RM0.70 each, 1 Special Rights Redeemable Preference Share of RM1.00, 2,000 Class C Non-Convertible Redeemable Preference Shares (“NCRPS”) of RM1.00 each, 1,000 Class D NCRPS of RM1.00 each. The issued and paid up share capital of the Company is RM2,630,555,302.10 divided into 3,757,934,823 ordinary shares of RM0.70 each, 1 Special Rights Redeemable Preference Share of RM1.00 and 925 Class D NCRPS of RM1.00 each. The principal activity of TM is the establishment, maintenance and provision of telecommunication and related services. 4.2       P1 P1 was incorporated in Malaysia under the Companies Act, 1965 (“CA”) on 11 February 2002 as a private limited company under the name of MIB Comm Sdn Bhd and subsequently assumed its present name on 24 January 2007. The authorised share capital of P1 is RM100,000,000.00 divided into 100,000,000 ordinary shares of RM1.00 each. Its issued and paid-up capital stands at RM16,697,425.00 held by Mobikom Sdn Bhd (55.3%), a wholly-owned subsidiary of TM, Packet One Sdn Bhd, a wholly-owned subsidiary of Green Packet Berhad (31.1%) and SK Telecom Co. Ltd. (13.6%). It is principally involved in the provision of last mile broadband network infrastructure facilities and services in Malaysia. 4.2       Celcom Celcom was incorporated in Malaysia on 5 January 1988. The issued and paid-up share capital of Celcom stands at RM1,237,534,681.00 comprising 1,237,534,681 ordinary shares of RM1.00 each. Celcom was the first privately owned company in Malaysia to offer mobile services when it launched its “Art 900” analogue mobile system in 1989. In 1995, Celcom was one of the first operators in Malaysia to provide digital services through its GSM 900 network. Celcom currently operates 2G, 3G and 4G LTE and provides mobile telecommunication services in Malaysia under the brand name “Celcom”. 4.3       Celcom Mobile Celcom Mobile was incorporated in Malaysia on 15 July 1976. The issued and paid-up share capital of Celcom Mobile stands at RM313,000,000.00 comprising 313,000,000 ordinary shares of RM1.00 each. The principal activities of Celcom Mobile are the provision of mobile communications, network and application services and content. 4.4       Celcom Network Celcom Networks was incorporated in Malaysia on 30 March 1990. The issued and paid-up share capital of Celcom Networks stands at RM535,000,000.00 comprising 535,000,000 ordinary shares of RM1.00 each. Celcom Networks is principally involved in the provision of network telecommunications, capacity and related services. 5.0       FINANCIAL EFFECT 5.1       Share Capital The Collaboration would not have any effect on the issued and paid-up share capital of TM. 5.2       Earnings and Net Assets The Collaboration is not expected to have any material effect to the earnings and net assets of the TM Group for the financial year ending 31 December 2016. However, the Collaboration is expected to contribute positively to the future earnings of TM Group. 6.0       APPROVALS REQUIRED The Collaboration is not subject to shareholders or any government authorities’ approval. TM will procure its shareholders’ approval at the next annual general meeting for recurrent related party transactions under the Definitive Agreements pursuant to paragraph 10.09 (2) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. 7.0       DIRECTORS' AND SUBSTANTIAL SHAREHOLDERS’ INTEREST Save as disclosed below, none of the Directors and other major shareholders of TM and/or persons connected to them has any interest, whether direct or indirect, in the Collaboration:- i) Khazanah Nasional Berhad (“Khazanah”), a common major shareholder of both TM and Axiata Group Berhad (“Axiata”). Celcom, Celcom Mobile and Celcom Networks are wholly-owned subsidiaries of Axiata. ii) Minister of Finance Incorporated (“MOF Inc”), the holding company of Khazanah. iii) YM Tunku Dato’ Mahmood Fawzy Tunku Muhiyiddin, a nominee Director of Khazanah. iv) Encik Nik Rizal Kamil Tan Sri Dato’ Nik Ibrahim Kamil, alternate director to Tunku Dato’ Mahmood Fawzy Tunku Muhiyiddin. v) YBhg Dato’ Dr Mohmad Isa Hussain, a nominee director of MOF Inc. vi) Encik Asri Hamidin @ Hamidon, alternate director to Dato’ Dr Mohmad Isa Hussain. 8.0       AUDIT COMMITTEE STATEMENT The Board Audit Committee (“BAC”) of TM, (save for Tunku Dato’ Mahmood Fawzy Tunku Muhiyiddin, an Interested Director by virtue of his position as a nominee Director of Khazanah, a common major shareholder of TM and Axiata), having considered all aspects of the proposed Collaboration is of the view that the proposed Collaboration is in the best interest of TM, fair and reasonable and on normal commercial terms, and is not detrimental to the interest of the minority shareholders of TM. The above view is arrived at after having considered that the proposed Collaboration will derive greater value for the whole of TM Group and will enable TM to execute its convergence strategies. 9.0       STATEMENT BY THE BOARD OF DIRECTORS The Board of Directors of TM save for Interested Directors, namely Tunku Dato’ Mahmood Fawzy Tunku Muhiyiddin and his alternate, Nik Rizal Kamil Tan Sri Dato’ Nik Ibrahim Kamil, Dato’ Dr Mohmad Isa Hussain and his alternate, Asri Hamidin @ Hamidon, having considered the recommendations of the BAC and the rationale of the proposed Collaboration, is of the view that the proposed Collaboration is in the best interest of TM Group. 10.0     TRANSACTION WITH THE SAME RELATED PARTY FOR THE PRECEDING 12 MONTHS Save for the proposed Collaboration and recurrent related party transactions of revenue and trading nature, there were no other transactions entered into between the Company with the same related party for the 12 months preceding the date of this announcement. This announcement is dated 28th January 2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4988409

Attachments Joint NR - TM-P1-Celcom.pdf

icy97

马电讯 P1亏损抑制派息率

财经 行家论股  2016-01-30 12:54

目标价：6.85令吉

最新进展
马电讯（TM，4863，主板贸服股）与旗下的Packet One Networks（简称P1）和亚通（AXIATA，6888，主板贸服股）旗下天地通亚通（Celcom Axiata），签署本地国际漫游服务合约。

该国际漫游服务合作，最低期限为5年，过后将自动续约5年。

此外，马电讯也与天地通签署基建设备合作协议，合作期限则介于1至10年，取决于服务的供应。

行家建议
P1和天地通之间的本地国际漫游服务合作，在中期里能够缓和马电讯盈利遭到侵蚀的问题，此外，也能够加速P1全面移动服务的速度。

我们的看法正面，因为P1可借此获得全国的电讯覆盖率，同时大幅减轻初期的资本开销。

然而，对于P1转亏为盈的速度，我们仍然保持谨慎，毕竟市场竞争剧烈，同时也趋向饱和。

由于马电讯的估值昂贵，加上P1的亏损将限制派息空间，因此维持“守住”评级。



艾芬黄氏投行

【南洋网财经】

icy97

马电讯P1股权增至72.9%

财经新闻 财经  2016-02-12 12:12
（吉隆坡11日讯）马电讯（TM，4863，主板贸服股）通过子公司获得旗下Packet One Networks（简称P1）1067万4640股新股后，在P1的持股权从55.3%，增到72.9%。

马电讯独资子公司Mobikom私人有限公司，转换了P1的中期可转换票据，获得1067万4640股新股。

Mobikom是在去年9月15日，认购了总值达6亿2254万5000令吉，由P1发出的中期可转换票据。

同时，基于债务的调整，P1也额外发出13万3726股新股给Mobikom。

而绿驰通讯（GPACKET，0082，主板科技股）在P1的持股权会从31.1%，冲淡到18.9%。

另一大股东韩国SK电讯（SK Telecom）则持有P1的8.2%股权。【南洋网财经】

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	INVESTMENT BY MOBIKOM SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF TELEKOM MALAYSIA BERHAD, IN PACKET ONE NETWORKS (MALAYSIA) SDN BHD (INVESTMENT IN P1)
We refer to the announcements dated 27 March 2014, 30 September 2014 and 17 September 2015 in relation to the investment in Packet One Networks (Malaysia) Sdn Bhd (“P1”) (“Announcements”). Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the Announcements. TM wishes to announce that its wholly owned subsidiary, Mobikom Sdn Bhd (“Mobikom”) had received 10,674,640 new P1 Shares pursuant to the early conversion of the Convertible Medium Term Notes subscribed by Mobikom on 15 September 2015 under the CMTN Programme issued by P1. In addition, P1 has issued 133,726 new P1 Shares to Mobikom due to net debt adjustment in accordance to the terms of the Investment Agreement dated 27 March 2014. Pursuant to the additional 10,808,366 new P1 Shares issued by P1 to Mobikom, TM’s (via Mobikom) shareholding in the ordinary equity of P1 has increased from 55.3% to 72.9%, while the balance are currently held by Green Packet Berhad (via its wholly owned subsidiary, Packet One Sdn Bhd) and SK Telecom Co., Ltd at 18.9% and 8.2% respectively. None of the Directors and major shareholders of TM and/ or persons connected to them have any interest, direct or indirect, in the investment in P1. This announcement is dated 11 February 2016.

icy97

马电讯增持P1　財测暂不变

财经  2016年02月12日
（吉隆坡12日讯）马电讯（TM，4863，主板贸服股）增持仍处於亏损的P1公司的股权，至72.9%，分析员暂时维持马电讯2015至2017財政年盈利预测，並预期P1公司今年下半年推出的新產品，可缓和其亏损的情况。

大马研究分析员表示，马电讯提前將P1的可转换中期票据（CMTN）转换为1100万新股，將股权从原本的55.3%，提高至72.9%。绿驶通讯科技及韩国的SKTelecom则持有P1其余的19%及8.2%股权。

P1的可转换中期票据是一项总值16亿5000万令吉，在16年期限內通过3个阶段发行的计划。P1接下来仍会发出10亿令吉的可转换中期票据，集资作为公司的资本开销。

分析员指出，假设SKTelecom及绿驶通讯科技接下来没有认购个別配获的25%及15%的P1可转换中期票据，马电讯在P1的股权预期会提高至89%。

马电讯是在2014年3月，以3亿5000万令吉收购P1的57%股权，主要是希望通过P1，將其高速宽频服务的范围，从固定线路，扩大至无线及移动宽频服务。

因此，P1被塑造成马电讯的「卓越移动中心」，旗下有TMgo宽频服务。P1目前提供的数据宽频，主要以城市地区为主，而TMgo的强项则在乡村地区。这也是马电讯的策略，提供端对端的宽频及数据服务。

推新產品缓和P1亏损

P1在2015財政年首9个月仍蒙亏1亿8600万令吉，马电讯进一步增持，是否会拖累盈利表现是市场关注的课题。分析员则表示，暂时维持马电讯2015至2017財政年的盈利预测，並已经把马电讯接下来將为P1提供的资本开销，纳入负债率的预测中。

分析员预期，P1与马电讯在今年下半年將联手推出捆绑式的產品配套，这预期將缓和P1的亏损。P1也已与亚通（AXIATA，6888，主板贸服股）旗下天地通（Celcom）签署2G及3G的国內漫游服务合作协议。

在今年1月28日，马电讯和P1，与天地通签署系列协议，借助3方的现有的设备提升服务，並降低成本，以及共享资源。此协议为期至少5年，並且每5年会自动更新。

从估值来看，马电讯2016財政年本益比达25倍，高於2年平均的23倍，並不便宜，而周息率（DY）则为2%至3%之间。因此，该分析员维持马电讯「守住」投资评级，及7.20令吉目標价。【东方网财经】


马电讯 增持P1财测不变
财经 股市 行家论股  2016-02-13 12:38
http://www.nanyang.com/node/747910?tid=462

icy97

马电讯偕香港盈科 推串流电视平台Viu

财经新闻 财经  2016-02-23 13:22
（吉隆坡22日讯）马电讯（TM，4863，主板贸服股）与香港电讯盈科（PCCW）为Unifi和Streamyx用户推出“更具本土特色”的串流电视平台Viu，与美国Netflix抢占国内电视平台市场一杯羹。

马电讯集团总执行长丹斯里詹占再拉尼今日在推介礼上表示，现今的客戶消费方式有莫大改变，对节目内容的偏好也不同，从以前的电视，转变成用智慧型手机观看节目。

该集团誓言掌握市场趋势，满足客户对电视节目的需求，因此决定和电讯盈科旗下的媒体公司Vuclip合作。

国内逐渐开始出现多个串流电视平台，如刚进入我国市场的美国串流平台老大Netflix、国内本土品牌iflix，还有马电讯旗下的HyppTV和ASTRO（Astro，6399，主板贸服股）服务。

马电讯新媒体执行副总裁江荣全另也表示，Viu所推出的节目内容，与旗下的HyppTv或是Netflix皆不同，不会有业务冲突。

内容本土化

“Viu的节目内容趋向于大马国内和亚洲元素，符合国内观众的口味。”

除了向客戶推出本土化内容，Viu尽力提供优质服务，如在新节目播出后，分别在8个小时和24个小时内附上英文字母与马来文字母，同时也为韩剧附上中、英、巫字母。

Viu将会在今年3月中旬开始在国内开播，并为Unifi和Streamyx用户提供首三个月的免付费观看优惠。【南洋网财经】

icy97

購P1蒙虧拖累‧馬電訊末季賺1.9億

2016-02-24 16:13      
（吉隆坡24日訊）受新收購的P1公司蒙虧拖累，馬電訊（TM，4863，主板貿服組）截至2015年12月31日止第四季淨利按年跌11.85%至1億9千242萬7千令吉，全年淨利則挫15.81%至7億零27萬8千令吉。

第四季營業額增速亦放緩至31億8千443萬令吉，按年微揚0.86%，全年營業額成長4.33%至117億2千164萬令吉。

派息12.1仙

馬電訊同時宣佈派每股12.1仙中期股息，3月8日除權。

配合2015年結束，馬電訊也為2016年推出關鍵表現指標（KPI），放眼今年營業額取得3至3.5%成長率，但只放眼今年稅前盈利保持2015年水平。

馬電訊首席執行員拿督詹占再萊尼說，集團在2015年所設定的3項KPI，其中兩項達成目標，分別是稅前盈利成長達6.2%，高於4至4.5%原訂目標，客戶滿意指標則達75點，高於最初放眼的72點。

營業額成長只有3%，低於KPI下設定的4至4.5%。

需留意的是，該公司在評估2015年表現時，未把後來才收購的P1公司業績納入計算。

他認為，集團營業額繼續在去年成長，主要歸功於各服務收入都增加，但盈利表現卻受P1虧損和外幣債務的外匯虧損所拉低。

“2015年對集團來說是多事的一年，但最終仍以數項讓人興奮的重大進展收尾；其中，我們在去年12月與政府簽署10年的公共私人合夥（PPP）協議，以落實第二階段高速寬頻和二線城市寬頻計劃。”

另外，馬電訊也和兩家區域非電信服務供應商（OTT）合作，以為旗下客戶提供更好的娛樂內容，輔助Hypp電視內容，未來也會繼續對類似合作保持開放。

踏入2016年，該公司董事部預見集團將迎來穩定的一年。（星洲日報／財經）

SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2015

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2015	31 Dec 2014	31 Dec 2015	31 Dec 2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	3,184,430	3,157,306	11,721,640	11,235,102
2	Profit/(loss) before tax	224,696	253,684	911,878	1,105,534
3	Profit/(loss) for the period	158,700	207,661	591,817	842,494
4	Profit/(loss) attributable to ordinary equity holders of the parent	192,427	218,296	700,278	831,806
5	Basic earnings/(loss) per share (Subunit)	5.12	5.90	18.72	22.89
6	Proposed/Declared dividend per share (Subunit)	12.10	13.40	21.40	22.90
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	2.0704		2.0356

锐意提升覆盖范围 马电讯增拨资本支出
经济新闻
29/02/201619:03
http://www.kwongwah.com.my/?p=101097

icy97

EX-date	08 Mar 2016
Entitlement date	10 Mar 2016
Entitlement time	05:00 PM
Entitlement subject	Interim Dividend
Entitlement description	2nd interim single tier dividend of RM0.121 per share for financial year ended 31 December 2015.
Period of interest payment	to
Financial Year End	31 Dec 2015
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	SYMPHONY SHARE REGISTRARS SDN BHDLevel 6, Symphony HousePusat Dagangan Dana 1Jalan PJU 1A/4647301 Petaling JayaTel:0378490777Fax:0378418151
Payment date	24 Mar 2016
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	10 Mar 2016
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.1210
Par Value	Malaysian Ringgit (MYR) 0.700

icy97

Type	Announcement
Subject	OTHERS
Description	HEADLINE KEY PERFORMANCE INDICATORS (KPIs)

In a continuous effort to enhance greater transparency to the public, Telekom Malaysia Berhad (“TM”) wishes to make the following announcements;

• Achievement of the Headline Key Performance Indicator (“KPIs”) for FY2015.
• Headline KPIs for FY2016 and FY2018.
  
  

These headline KPIs have been set and agreed by the Board of Directors and management of TM as part of the broader KPI framework that TM has in place, as prescribed under the Government Linked Company (“GLC”) Transformation programme, and are disclosed on a voluntary basis.

Achievement of FY2015 Headline KPIs

Headline KPIs	Target	Actual1
Financial Perspective
Revenue Growth (%)	4.0 – 4.5	3.0
EBIT Growth (%)	4.0 – 4.5	6.2
Customer Satisfaction Measure2	72	75

1        The 2015 performance excludes P1 which is consistent with the basis that the KPIs were set and announced prior to the investment.

2        Using TRI*M index measuring end to end customer experience at all touch points. TRI*M (Measuring, Managing and Monitoring) is a standardised indicator system. It analyses, measures and portrays stakeholder relationships on the basis of standardised indicators. The TRI*M Index is an indicator of the status quo of a particular relationship. The index is made up of four points of view on the stakeholder relationship, e.g. for customer loyalty: overall ratings, recommendation, repeat purchasing of product/services, and a company's competitive advantage. The information is based on surveys/interviews on a sample customer base.

FY2016 and FY2018 Headline KPIs

Headline KPIs	2016 Target1	2018 Target1
1. Revenue Growth (%)	3.0-3.5	3.5-4.0
2. EBIT Growth (%)	Maintain 2015 EBIT RM	3.0-5.0
3. Customer Satisfaction      Measure2	72	72

1 These KPIs are for TM Group excluding P1.

2 Using TRI*M index measuring end to end customer experience at all touch points. TRI*M (Measuring, Managing and Monitoring) is a standardised indicator system. It analyses, measures and portrays stakeholder relationships on the basis of standardised indicators. The TRI*M Index is an indicator of the status quo of a particular relationship. The index is made up of four points of view on the stakeholder relationship, e.g. for customer loyalty: overall ratings, recommendation, repeat purchasing of product/services, and a company's competitive advantage. The information is based on surveys/interviews on a sample customer base.

The headline KPIs represent the main corporate targets set by TM for FY2016 and FY2018. These headline KPIs are targets or aspirations set by the Company as a transparent performance management practice. These headlines shall not be construed as forecast, projection or estimates of the Company or representations of any future performance, occurrence or matter as the headlines are merely a set of target/aspiration of future performance aligned to the Company’s strategy and which have been derived on the assumption that the Group shall operate under the current business environment.

This announcement is dated 24 February 2016.

icy97

資本開銷偏高‧馬電訊2年財測遭砍

2016-02-25 16:22      
（吉隆坡25日訊）馬電訊（TM，4863，主板貿服組）2015年全年業績普遍符合市場預測，惟由於業務前景欠佳，特別是撥出偏高資本開銷、旗下P1業務料仍蒙虧拖累，使大部份析員下砍未來兩年財測。

P1料續虧

豐隆研究指出，馬電訊2015年財政年核心淨利8億9千980萬令吉，符合預測，但將2016年及2017年淨利下調9.4%及11.4%，因2016年資本開銷走高，占營業額25%至30%，投資在長期演進技術、第二階段高速寬頻、及效區寬頻等領域。

馬銀行研究將馬電訊2016年及2017年的淨利預測分別下調14%及23%，主要是旗下核心固定線業務的賺幅受到員工及行銷成本走高擠壓，以及資本開銷從之前占營業額21%調高至佔25%至30%的影響。

達證券基於同樣理由將馬電訊2016及2017年的淨利預測分別下調4.5%及5.8%，至8億7千700萬令吉及9億9千500萬令吉，而2018年預測則為10億9千900萬令吉。

肯納格研究表示，馬電訊推出2016年的關鍵績效指標（不包括P1在內），預料營業額成長介於3%至3.5%，惟營運盈利則保持在2015年水平（約15億2千萬令吉），顯示賺幅受到擠壓而縮減，主要是推出第二階段高速寬頻、及效區寬頻產品所致。

MIDF研究則獨排眾議，以馬電訊2015年業績表現超越預測的理由，把2016年淨利預測上調7.6%。該行並認為，馬電訊的周息率超過3%，料足以吸引投資者繼續投資公司股票。



（星洲日報／財經‧報導：李文龍）

icy97

宽频营收稳增 马电讯业绩撑展望

财经新闻 财经  2016-03-02 12:22
（吉隆坡1日讯）国际评级机构穆迪（Moody's）指，马电讯（TM，4863，主板贸服股）2015财年业绩符合预期，可支撑该公司的“A3”发行者及高级无担保评级，以及“稳定”展望。

穆迪副总裁兼高级信贷员安娜丽莎表示，宽频营业额稳定增长，持续抵销缓速增长的固定电话语音业务，对营业额贡献从2014年的31%，减少至去年的28%，预计此趋势可延续。

此外，穆迪预计，受到宽频营业额持续增长带动，马电讯将在未来两年维持低单位数的净利增幅。

“不过，基于竞争压力，以及整合Packet One Networks（简称P1），将稀释公司的利息、税务、折旧与摊销前盈利（EBITDA），所以相信赚幅不会改善。”

穆迪预计，经调整债务对EBITDA比例，将会在未来两年升高，反映出庞大的资本开销需求、公司对高股东回酬的承诺，以及持续性的赚幅压力。”

不过，穆迪相信，该比例将保持在预计的2至2.5倍水平之内，去年杪达约2.1倍。【南洋网财经】