11 May 2023

LAPSE OF CONDITIONS PRECEDENT LONGSTOP DATE FOR THE SHARE SUBSCRIPTION AGREEMENT WITH DIGITAL NASIONAL BERHAD

LAPSE OF CONDITIONS PRECEDENT LONGSTOP DATE FOR THE SHARE SUBSCRIPTION AGREEMENT WITH DIGITAL NASIONAL BERHAD Article Header
TM

On 10 May 2023, TM filed a Bursa Announcement to notify that the longstop date to fulfil all conditions precedent in the Share Subscription Agreement (SSA) for the subscription of a 20% equity stake in Digital Nasional Berhad (DNB) had lapsed. Consequently, TM issued a termination notice to DNB, effective immediately.

 

Nonetheless, TM looks forward to the next process and discussion with the Government and the industry on 5G participation across Phase 1 (towards 80% service coverage by DNB) and Phase 2 (shift to two networks), as announced by the Government on 3 May 2023. TM is committed to continue playing an active role in the 5G implementation, leveraging its nationwide fibre infrastructure, extensive digital platforms (data centre, edge nodes) and rollout experience.

 

In the meantime, TM customers of Unifi Mobile and TM One will continue to enjoy 5G services and solutions, as the 5G wholesale Access Agreement remains in place.

 

TM is committed to serve as the nation’s trusted partner to grow Malaysia’s overall connectivity and digital ecosystem, including 5G. We are committed to shaping a Digital Malaysia through technology that empowers communities, businesses and Government. 

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Communications and Multimedia Minister confident with nation’s digital infrastructure after visit to TM Network Operations Centre

Communications and Multimedia Minister, YB Tan Sri TPr Annuar Haji Musa expressed his confidence with the nation’s digital infrastructure to deliver Malaysia’s communications and digital aspirations for now and into the future. He expressed this after a working visit to the TM Network Operations Centre in Cyberjaya today. “I’m very happy with the visit today and from what I see, I’m confident that we have the people, capabilities and infrastructure to ensure 100% connection all over the country. We will leave no Malaysian behind,” YB Tan Sri TPr Annuar Haji Musa said after the visit. TM’s state of the art network operations centre serves as the brains of the nation’s digital and communications infrastructure managing over 600,000 km of communications cables and over 26,700TB data daily. The centre also monitors the health and operations of the 30 submarine cable systems that carries 1,990TB of internet data into and out of the country. Commenting on the visit, TM’s Chairman, Dato’ Mohammed Azlan Hashim said, “We are honoured to have YB Tan Sri TPr Annuar and his senior officers from the Ministry and MCMC with us. This visit gives us the opportunity to showcase the various customer segments we serve and the strength of digital technology available and ready to serve our customers.” “Befitting our unique and important role as the nation’s connectivity and digital infrastructure provider and the enabler of Digital Malaysia, we are ready to serve Keluarga Malaysia with our comprehensive communications and digital solutions. As a Government-Linked Company (GLC), TM remain commited to contribute towards the country's development through telecommunications and digital in support of the country's digital aspirations including JENDELA and MyDIGITAL towards accelerating the country towards a full-fledged Digital Malaysia by 2023,” he added. The visit today is expected to nurture even closer ties between both parties.

TM GLOBAL BAGS A DOUBLE WIN AT THE ASIAN TELECOM AWARDS 2024

KUALA LUMPUR, 5 March 2024 – TM Global, the domestic and international wholesale business arm of TM, clinched top honours in two prestigious categories: Telecom Company of the Year – Malaysia, and the Wholesale Company Initiative of the Year – Malaysia, at the Asian Telecom Awards held in Singapore. This marks the second consecutive year TM Global has received these accolades, solidifying its position as a leader in shaping the telecommunications landscape within Malaysia and across Asia. Khairul Liza Ibrahim, Executive Vice President of TM Global, said, "The awards underscore TM Global’s efforts as a catalyst of digital adoption across industries and the nation’s 5G ecosystem. Internationally, we serve as the gateway for businesses seeking to expand into ASEAN and vice versa. TM Global plays a pivotal role in advancing AI implementation and platform-play services and remains committed to driving innovation and bringing connectivity and digitalisation to all corners of the country." She further emphasised TM Global's transition from a traditional telco wholesaler to a digital enabler, "Our strategic shift up the value chain has enabled us to deliver a versatile edge ecosystem, empowering the next wave of technologies and applications. This recognition is a reaffirmation of our work in pioneering digital solutions to transcend borders and driving connectivity across the region." TM Global’s initiatives continue to help narrow the digital divide and nurture digital opportunities through the expansion of high-capacity connectivity infrastructure nationwide and the deployment of two additional International Internet Gateways in East Malaysia. Internationally, TM Global continued to bolster its connectivity strength, facilitate content distribution through TM Edge, and expand its platform services to connect service providers worldwide with the vibrant ASEAN market. The Asian Telecom Awards, hosted by the Asian Telecom magazine, a publication of the global Charlton Media Group, honours businesses and initiatives that are not only driving progress in the telecom industry, but have also ignited transformative shifts that have reshaped the digital landscape. These recognitions are a testament to TM Global’s ability to support regional and international service providers through comprehensive digital infrastructure solutions, providing a seamless gateway for their expansion into the region.

Statement for Enquiries on unifi Mobile 5G

​We have received enquiries on when 5G will be available to our unifi Mobile customers. We would like to thank everyone for their excitement and support as we welcome this new era of unifi Mobile. Our goal is to provide unifi Mobile customers the best 5G experience we can offer. As such, we are currently doing extensive internal testing on our 5G service. At this point of time, we are unable to provide the actual date for customer trials. Watch this space for the latest updates on unifi Mobile 5G!

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