Thursday, February 2, 2023

TM has more than 514k UniFi Customers [Business]

Telekom Malaysia(TM) in its 4Q2012 financial results revealed that the Internet Service provider currently has more than 514,000 UniFi customers to date while total broadband customers currently stands at 2.07 million.

TM-Q42012-Financial[L-R: Datuk Bazlan Osman, Group Chief Financial Officer, TM, Dato’ Sri Dr Halim Shafie, Chairman, TM and Dato’ Sri Zamzamzairani Mohd Isa, Group Chief Executive Officer]

In a statement, , Dato’ Sri Zamzamzairani Mohd Isa, Group Chief Executive Officer, TM, said “We continued to maintain our leadership position in the Broadband segment. Our customer base grew by about 7.4%, from 1.92 million in 2011 to 2.07 million in 2012. In terms of UniFi subscription growth, we continued where we left off in 2011, where demand stayed strong and showed no sign of slowing down; such that we closed 2012 with more than 482,000 customers, a 104% improvement against FY2011. With 1.377 million premises passed on the back of 96 exchanges, this translates to a takeup rate of more than 35%, going beyond global benchmarks of similar service roll-outs. Earlier last month, we achieved another milestone for UniFi, when the service surpassed the half a million customers mark. To date, TM has activated  and we are continuing the momentum into 2013. We remain committed to our mission as the trusted broadband provider for the nation, evidenced by our strong combined customer base of both Streamyx and UniFi.”

TM announced a record 9% rise in Group revenue to RM9.99 billion from RM9.15 billion recorded last year. Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for FY2012 stood at RM3.23 billion.

Profit After Tax And Minority Interest (PATAMI) for FY2012 grew by 6.1% to RM1.26 billion as compared to RM1.19 billion recorded last year. Normalised PATAMI, excluding mainly the gain on deferred tax income and unrealised forex gain, stood at RM881.0 million, an increase of 38.8% against RM634.8 million in 2011.

For the 4Q2012, revenue increased by 18.3% QoQ, from RM2.38 billion to RM2.81 billion. EBITDA improved 19.8% QoQ from RM751.5 million in 3Q2012 to RM900.1 million. On a normalised basis, EBITDA increased by 12.2% QoQ to RM855.2 million from RM762.3 million in 3Q2012.  PATAMI grew by 20.5% QoQ to RM363.2 million. Normalised PATAMI also showed improvement of 55.0% QoQ to RM288.4 million from RM186.1 million in the preceding quarter of 2012.

Moving forward, TM said the focus for 2013 will still be to maintain its position as Malaysia’s broadband champion anchoring on Streamyx and UniFi as its key broadband products, delivering an enhanced and integrated digital lifestyle to all Malaysians.

Kugan is the co-founder of MalaysianWireless. He has been observing the mobile industry since 2003. Connect with him on Twitter: @scamboy

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