Moody's: Telekom Malaysia's 2016 results support its A3 rating
Hong Kong, February 24, 2017-- Moody's Investors Service, says that Telekom Malaysia Berhad's 2016 results are in line with expectations and support the company's A3 issuer and senior unsecured ratings and stable outlook. TMB's consolidated revenue grew 2.9% year-on-year in 2016 to RM12.1 billion, with internet and data revenue up 8.9% and 2.8% respectively YoY, and traditional fixed line voice down 5.0%. Non-voice services collectively represented 72% of total revenues in...
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