Meeting with TM last week was 'fruitful', says Gobind

-A +A

KUALA LUMPUR (Nov 28): Minister of Communications and Multimedia Gobind Singh Deo said his meeting with Telekom Malaysia Bhd (TM) last week was a "fruitful" one, but he is not authorised to disclose what was discussed in the meeting.

Speaking to reporters at the Parliament lobby today, Gobind said the government's stance remains that it will take all necessary steps to assist TM in addressing the group's difficulties after the implementation of Mandatory Standard on Access Pricing (MSAP), which determines the wholesale network pricing between TM and other telcos.

"I don't think I have authority to disclose those matters that we discussed [with TM]. The government will take all steps that it can to assist TM to resolve difficulties that they have. We want all telcos to improve, and make sure that not just the infrastructure, but also the quality of broadband is world class, so that we can project ourselves as a country that is prepared to face challenges and demand in Industrial Revolution 4.0," he said.

"To me this is something that we must do, we have to be firm, in making decisions, but at the end of the day, wherever the telcos require my help, my doors are always open, and we are prepared to sit with them, together with the Malaysian Communications and Multimedia Commission, so that we can find ways and means where we can assist them," he added.

At the midday break today, TM rose 3.11% or 7 sen to RM2.32 with 4.07 million shares done.