According to The Malaysian Reserve, TM has made an appeal to the government that the implementation of the Mandatory Standard on Access Pricing (MSAP) is delayed to allow the company recover from the slump in earnings it is facing for the past few quarters.
MSAP was announced last month by Minister of Communications and Multimedia, Gobind Singh Deo and was backdated to 1 January 2018. The MSAP aims to slash broadband prices so more consumers can enjoy the high-speed internet facilities at a lower entry cost.
The MSAP stipulates the ceiling wholesale prices that can be charged by service providers for the facilities and services used by retail telco players. Referencing insider sources, The Malaysian Reserves says that an official appeal has been made to the Prime Minister’s Office (PMO) and the Ministry of Finance (MoF). TM is asking to halt the implementation of MSAP as it will effect its earnings for the year.
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