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Expediting 5G technology, strengthening security, ministry s 2021 main priorities, says Saifuddin | Malaysia

Tuesday, 16 Mar 2021 09:38 PM MYT Communications and Multimedia Minister Datuk Saifuddin Abdullah during a virtual engagement session with the Federation of National Writers Association (Gapena) at his ministry in Putrajaya, February 5, 2021. Bernama pic Subscribe to our Telegram channel for the latest updates on news you need to know. PUTRAJAYA, March 16 Expediting the implementation of 5G technology and strengthening cybersecurity technology are among the five main focuses of the Ministry of Communications and Multimedia (KKMM) this year. Communications and Multimedia Minister Datuk Saifuddin Abdullah said the other three focuses of KKMM were increasing foreign investment in the digital economy, internationalising Malaysia’s creative industry and transforming Radio Televisyen Malaysia (RTM).

Service providers given 10 days to resolve issues in high priority areas

03 Mar 2021 / 14:14 H. Pix for illustration purposes. PUTRAJAYA: Service providers have been instructed to promptly resolve commercial negotiations within 10 business days in identified high priority areas, the Malaysian Communications and Multimedia Commission (MCMC) said. MCMC, in a statement today, said it had developed a fast track process to resolve access issues in high priority areas following complaints that communications services in some high priority areas were delayed due to prolonged commercial negotiations among service providers. The commission said in the event that these issues are not resolved within the stipulated timeline, service providers are required to escalate the issues to MCMC for resolution where it would make an assessment on the matter and issue a directive for service providers to comply.

TM gets positive calls from analysts on firm FY20 results

KUALA LUMPUR (Feb 25): Analysts have maintained positive calls on Telekom Malaysia Bhd (TM) after the integrated telecommunications company registered firm results for the financial year ended Dec 31, 2020 (FY20). TM, in a filing with Bursa Malaysia on Wednesday, said its net profit for FY20 rose to RM1.02 billion compared with RM632.68 million in FY19. Its fourth quarter of FY20 (4QFY20) net profit stood at RM259.4 million against a net loss of RM51.1 million in the previous corresponding quarter, boosted by lower operating costs and other gains. Kenanga Research, in a note on Thursday, upgraded the company to “outperform” from “market perform” call with an unchanged discounted cash flow-target price (DCF-TP) of RM6.85.

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