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Article: TM selling pay phone business
- Article from:
- New Straits Times
- Article date:
- December 5, 2006
- Author:
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Goh Thean Eu
New Straits Times
12-05-2006
TM selling pay phone business
Byline: Goh Thean Eu
Edition: Main/Lifestyle
Section: Business Times
Type: Company
TELEKOM Malaysia Bhd (TM) is selling off its public pay phone business as part of its plans to dispose of non-core operations.
Sources said TM is talking to several parties, both inside and outside the Klang Valley, on the possible disposal.
"TM doesn't want to get involved in the public pay phone business anymore as it wants to focus on its core business," a source told Business Times.
The move to sell off the business is headed by TM Ventures chief executive officer Khairussaleh Ramli, who is responsible for managing and restructuring ...