Telekom Malaysia Berhad (TM) announced its third quarter financial results (3Q15) yesterday.
As of Q3, TM’s total broadband subscribers is now close to 2.3 million. Unifi subscribers is currently at 793k up from 782k in 2Q15 (TM added 11k new Unifi customers in Q3). Unifi blended ARPU is at RM192. There are 1.5 million Streamyx subscribers with an ARPU of RM87.
As for fixed line, TM has a total of 4.2 million subscribers including 3.4 million on PSTN (public switched telephone network) and 793k on Unifi. Fixed line ARPU is at RM29, down from RM30 in 2Q15.
Commenting on the 3Q2015 financial results, Tan Sri Zamzamzairani Mohd Isa, Group Chief Executive Officer, TM said: “The third quarter was a mixed one for us. We closed the quarter with some improvements in our performance despite an overall challenging environment. We posted Group Revenue of RM2.92 billion QoQ, an increase of 2.9% against the preceding quarter this year primarily due to higher voice and data revenue contribution. Our Group Profit Before Tax slightly improved 1.1% QoQ to RM259.0 million whilst our Group EBIT was RM449.0 million, 47.0% higher from Q2. Our Group PATAMI stood at RM166.8 million impacted by the depreciating Ringgit as well as higher tax charges whilst Group Normalised PATAMI stood at RM200.2 million.”
The total capital expenditure for YTD Sept 2015 was RM1.15 billion or 13.5% of revenue, with spending during 3Q2015 at RM467 million.
“On P1, we are happy to update that things are progressing well. We continue preparing for our entry into the mobile market; working very closely with P1 which is being developed as the mobile arm and mobility centre of excellence of the TM Group. The development of TM’s overall LTE network roll-out is on track with the core LTE network being managed and planned for future growth by P1. We are now building on that? core to roll out nationwide starting with urban areas and adjacent to existing base stations. TM and P1 are working together to start user trials and network readiness tests in December 2015, to ensure effective delivery of mobile services towards the launch in 2016,” Tan Sri Zam added.
TM owns about 55.3% of Packet One Networks (P1).