While 5G is still up in the air, Malaysia's telcos have lost RM26 billion in market value. What is MCMC doing? - SoyaCincau

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According to a report, four top public-listed telcos have lost RM26 bil in value as Malaysia's 5G is still up in the air. Can MCMC address the telco's pricing and transparency concerns of DNB's 5G access offer by 30th June?

Maxis, Digi, Axiata and TM lost RM26 billion in value

It highlighted that Digi and Maxis are the worst-performing stocks among the four biggest public listed telcos in Malaysia but they have paid their shareholders nearly all of their profits earned for FY2021 and they are among the handful of counters that pay dividends each quarter. Despite Maxis’ 5.4% net profit drop to RM1.31 billion for FY 2021, it manages to not only maintain its dividend payout at RM1.

It is also worth highlighting that the performance of telcos is important to several government funds. The top telcos including Celcom, Digi, and Maxis have key government shareholders including the Employees Provident Fund , Public Retirement Fund and Permodalan Nasional Berhad .The Edge’s report mentions that the persistent uncertainties over 5G and how it would change industry dynamics do not help.

Rundingan perjanjian perkhidmatan antara syarikat telekomunikasi dengan Digital Nasional Bhd bagi pelaksanaan rangkaian 5G negara masih dijalankan dengan tarikh tutup tawaran adalah pada 30 Jun ini, kata –

 

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While Malaysia's telco claimed they lost billions in market value, rakyat Malaysia masih lagi tak dapat liputan 4G secara konsisten walaupun di bandar2 besar.

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