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Twimbit’s latest update on the Malaysia’s Telecom industry. 

Twimbit (https://twimbit.com/) is a research and advisory firm that specialises in providing invaluable industry intelligence to boost innovation and growth. Their clientele includes Google, Microsoft, Huawei, TM, Axiata, and more.

Do log into https://twimbit.com/ for the comprehensive report delves into the intricacies of Malaysia’s telecommunications market, highlighting pivotal economic, industry, and technological insights shaping the sector’s landscape.

Key insights:

• Malaysia’s economy surged in 2022 with an 8.7% GDP growth, expected to maintain a 4%-5% CAGR from 2023 to 2027.
• Top telcos (Telekom Malaysia, Maxis, CelcomDiGi) dominated with ~90% of 2022’s revenue.
• Focus areas for telcos include fiber broadband, 5G, digital initiatives, and enterprise sector strategies.
• Government initiatives for affordable services anticipate a 3.7% CAGR, reaching ~USD 10.6 billion by 2027.
• The report provides insights on market competitiveness, strategic shifts, and revenue-driving initiatives.