From Government of Indonesia

Telekom Malaysia Plans More Investments

Telekom Malaysia Bhd (TM) is planning more investments in Indonesia and India this year, The Daily Star reported on Monday (29/1/07).

As part of its new international investment plan, TM has adopted a two-pronged strategy to study new commercial opportunities in Asia and strengthen positions in existing markets.

"TM will give particular focus on the dynamic economies of ‘Indochina’ (India, Indonesia and China), as the company thinks these markets have great growth potential in the telecommunications sector," said Yusof Annuar Yaacob, chief executive officer of TM International.

Yaacob said TM subsidiaries are eager to inject more funds into marketing activities and rolling out innovative products and services in high-growth markets such as Indonesia, Bangladesh, Sri Lanka and Cambodia.
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