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Telekom Malaysia Q4 revenue rises 6.8% to $726m
Telekom Malaysia Berhad reported a 6.8% rise in Q4 revenue to RM3.3 billion (US$726 million) for 2025, driven by growth across its business units.
For FY2025, the company’s revenue increased by 1.4% year-on-year, with net profit after tax and non-controlling interests reaching RM1.7 billion (US$374 million).
The group declared a total dividend of 31.0 sen per share for the year, comprising an interim dividend of 12.5 sen, a second interim dividend of 14.5 sen, and a special dividend of 4.0 sen, representing about 70% of FY2025 profit.
Capital expenditure for the year was maintained at 16.1% of revenue, aligning with its full-year guidance.
The company highlighted investments in digital infrastructure to support Malaysia’s digital economy and regional growth, including data centres and cloud services.
🔗 Source: Telekom Malaysia Berhad
🧠 Food for thought
Implications, context, and why it matters.
Behind the numbers sits a shift toward sovereign AI infrastructure
- Revenue grew, while TM also poured money into AI-ready digital infrastructure such as data centres and cloud services.
- TM launched a sovereign GPU-as-a-Service (GPUaaS) platform that uses NVIDIA technology, with AI computing hosted fully in Malaysia 1.
- Physical build-out backs the plan, including a joint venture with Singtel’s Nxera (Singtel’s data centre unit) to develop a sustainable, hyper-connected AI-ready data centre campus in Johor 2.
- The Johor campus uses liquid cooling, has a 280MW electricity supply agreement, and targets scalable capacity above 200MW for large AI workloads 3.
The approach tracks a regional telco move into AI services
- TM’s push fits a wider regional pattern as telcos such as Singtel and Indonesia’s Indosat Ooredoo Hutchison expand from connectivity into AI service platforms 4.
- TM calls the Johor facility a flagship investment in the Johor–Singapore Special Economic Zone and expects spill-over demand from customers operating in Singapore 3.
- Sovereign AI capabilities mean AI computing and data processing stay in Malaysia, which TM ties to supporting the digital economy and drawing global tech investment linked to AI and cloud infrastructure 3.
- The bet nudges TM toward a digital infrastructure builder for Malaysia and the region, in line with its goal to become Malaysia’s “Digital Powerhouse” by 2030 5.
