Communications, multimedia industry market cap hits RM144b

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KUALA LUMPUR: The Malaysian communications and multimedia (C&M) industry performed well in 2019 with an overall market capitalisation of RM144.01 billion or 8.4 per cent of the total market capitalisation of Bursa Malaysia.

The Malaysian Communications and Multimedia Commission said of the total, RM134.01 billion came from the telecommunications sector, RM7.29 billion from the broadcasting sector and RM2.71 billion from the postal and courier sector.

The broadcasting sector was the second highest contributor at 13.6 per cent , followed by the the postal and courier sector at 6.2 per cent . Of the total broadband subscriptions, 43.38 million were recorded in 2019, of which, 2.95 million were for fixed broadband subscriptions, an increase of 10.9 per cent compared to 2.26 million in the previous year.

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great job assisting corruption and turning slaves into screen/media/internet addicts. You are aware that the internet has the same effect as cocaine are you not?

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