WITH strong subscriber growth in fixed broadband, fixed-line players are expected to fare better than mobile operators in 2021, according to equity analysts. “Encouragingly, the fibre broadband passes have reached 211.4% of Q3 2021 target of 179,013 net additions despite a tightened lockdown from June to August 2021. Also, the collaborative efforts among industry players in achieving higher household penetration continue to bode well for the fixed operators like Telekom Malaysia Bhd (TM) and TIME Dotcom Bhd . With a wider fibre footprint, these companies would benefit from higher subscriber growth as evidenced in the first half of 2021. UOB Kay Hian Research believes fixed broadband subscriber growth will continue to improve beyond the lockdown period.

Source: The Star October 23, 2021 10:55 UTC