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Telekom Malaysia’s group CEO Mohammed Shazalli Ramly resigns

Telekom Malaysia’s (TM) MD and group CEO Dato’ Sri Mohammed Shazalli Ramly (pictured) has resigned from his role. Taking over as acting group CEO is Datuk Bazlan Osman, who is currently deputy group CEO.

Dato’ Sri Shazalli was appointed to the role in 1 May 2017, and was previously the regional CEO and corporate executive VP for Axiata Group’s Southeast Asia operations. He also helmed the role of CEO and director of Celcom Axiata from 1 September 2005 to 31 August 2016.

Before that, Dato’ Sri Shazalli was CEO of NTV7 for eight years and has also worked at the Malaysian Tobacco Company and British American Tobacco. He was also responsible for pioneering the launch of ASTRO digital satellite services in Malaysia and served as ASTRO’s marketing director for two years.

“The entire board, management and TM employees would like to thank Dato’ Sri Shazalli for his leadership and contribution to the group. We would like to take this opportunity to wish him all the best for his future endeavours. The leadership bench under the acting group CEO, Datuk Bazlan will continue the strategic and business imperatives for TM,” TM Group’s chairman Tan Sri Dato’ Seri Sulaiman Mahbob said.

TM posted an operating revenue of RM2,848 million for the first quarter of its financial year ended 31 March 2018 (Q1 2018), compared to RM 2,964.6 million during the same period last year.

Its internet and multimedia services increased by 4.4% from RM969.1 million in Q1 2017 to RM1,012.1 million this year. This was due to increase in revenue contribution from higher customer base at unifi mobile, as well as unifi for home and small and medium-sized enterprise.

Unifi’s revenue increased by 2.0% to RM1,335.6 million in Q1 2018 from RM1,309.7 million during the same period last year. Meanwhile, TM Global witnessed a 0.5% increase in revenue from RM552.1 million in Q1 2017 to RM554.7 million this year, mainly contributed by voice service.

On the other hand, TM ONE saw a 10.7% decrease in revenue from RM1,158.2 million to RM1,034.1 million in Q1 2018, due to lower revenue from voice, data and other telecommunication services, despite growth in revenue from internet and multimedia.

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