"TM is working to deepen its engagement with customers via the use of big data. "The lower mobile capex intensity could dilute its branding, as data users are increasingly receptive to paying for a good data experience while its rivals continue to invest significantly on 4G. "RHB Investment Research said share price has prices in downside risks to a large extent, hitting a five-year low on April 4 and underperforming the FBM KLCI by 16%. "We believe the selldown is excessive given the group’s dominant position and relatively stable fixed line business and decent forward dividend yields of 3.8%-4%. "Additionally, attractive growth opportunities arising from its extensive infrastructure should help drive fixed-mobile convergence (FMC)."

Source: The Star April 10, 2018 01:01 UTC