Malaysia Enterprise Telecom Update Q1 2023 – Strong Momentum After Solid Performance in 2022

A. Amir

Summary Bullets:

• Malaysian telcos recorded steady performance in the enterprise segment in 2022.

• They started the year strong with several industrial collaborations, but there are still huge market opportunities for them to capture.

Malaysian telcos had strong momentum last year in building their vertical capabilities and enterprise 5G solutions. This includes TM ONE in smart cities and manufacturing sectors, CelcomDigi in healthcare and logistics, and Maxis’ 5G Alliance. For more, please see the 2022 quarterly updates at: Malaysia Enterprise Telecom Update Q1 2022: Wider Industry Collaborations Despite Stagnant Growth in 2021 April 13, 2022; Malaysia Enterprise Telecom Update Q2 2022 – Mixed Developments but Positive Overall Progress August 11, 2022; Malaysia Enterprise Telecom Update Q3 2022 – Slower Development but Steady Performance October 31, 2022; and Malaysia Enterprise Telecom Update Q4 2022 – Stronger Vertical Play, Wider Enterprise 5G Development January 5, 2023. This report analyzes Malaysian telcos initaitives in the enterprise segment in Q1 2023 as well as their 2022 financial year business performance in the segment.

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