Max Fibre

One Less competitor in the Malaysian broadband market

TM to complete P1 acquisition by Q3

KUALA LUMPUR: Telekom Bhd (TM) will complete its acquisition of a 57 per cent stake in Packet One Networks (M) Sdn Bhd (P1) by the third quarter of this year.


“This will also enable TM to operate in its not strong areas for its fixed line services, where WiMAX has a presence,” he told a press conference after TM’s annual general meeting (AGM) and extraordinary general meeting (EGM) here today.

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