Telekom Malaysia’s Q4 revenue falls but net profit rises

www.WirelessFederation.com/news: A rise of 2.5% in the net profit but 9% fall in the revenue of the fourth quarter has been reported by Telekom Malaysia. 7.8% loss from MYR 822.0 million to MYR 757.7 million has been reported in EBITDA while the profit before tax slipped 0.1 percent to MYR 235.6 million.

A net profit of MYR 170.2 million, up 2.5 percent from MYR 166.0 million in Q4 2008 has been posted by Telekom Malaysia.

The company ended the quarter with 1.43 million broadband customers and 4.32 million fixed customers. For 2010, TM expects revenue growth of 2 percent and an EBITDA margin of 33 percent.