CGS-CIMB Securities Sdn Bhd said today it ranks Telekom Malaysia Bhd (TM) as the second- best from an environmental, social, and governance (ESG) perspective among the four Malaysian telecommunication companies (telcos). The research firm’s considered factors including TM’s ability to consistently meet the regulator's quality of service (QoS), key performance indicators (KPIs) and relatively lower regulatory risks versus mobile telecommunication players. In a note on 23 August, CGS-CIMB analysts Foong Choong Chen and Sherman Lam Hsien Jin said the research firm has also noted TM's effort to implement a robust cybersecurity framework and position itself to capitalise on the growth in demand for cybersecurity services.

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