Time backed by strong demand for its services

PETALING JAYA: Time dotCom Bhd is favoured by analysts, backed by expectations of a sustained strong secular demand for its global and terrestrial bandwidth services, business expansion plans and the rising demand for cloud services from local enterprises.

In its report to clients, Kenanga Research said it understood that the company is also one of the top two providers in Malaysia offering both submarine cable and terrestrial fibre connectivity to hyperscalers with data centres in the country and across the region.

“It supports critical traffic and redundancy requirements through its integrated infrastructure that includes stakes in international submarine cable systems.

“For instance, Time provides cross-border connectivity for 22 regional and global carriers, linking networks from South-East Asian countries to Malaysia, and extending to Singapore,” it told clients.

The research house also noted that the company has secured several major enterprise projects that are projected to drive future earnings growth.

A recent example includes a major contract to deliver connectivity solutions across 33 public university campuses, it said.

Kenanga Research said competition in the domestic retail broadband market had stabilised as evident from Time’s robust average revenue per user and net adds in the first quarter of financial year ending Dec 31, 2025.