TM still trying to deny no problems exist

From the star:

KUALA LUMPUR: Telekom Malaysia Bhd (TM), which is targeting 4% to 4.5% growth in revenue this year, is unlikely to be affected by the Government’s call to keep broadband prices low.

“The impact (on earnings) will not be significant,” group chief executive officer Tan Sri Zamzamzairani Mohd Isa said after the company’s AGM.

He said the company had announced new broadband packages but it would only be launched in June. He added that this move could “encourage” people to move up if they become heavy users.

“When we reduce prices of broadband, people tend to think of the downside of the decision but not the upside,” Zamzamzairani said.

The first package introduced by TM was at RM38 a month (excluding goods and services tax) for 1Mbps with data usage of up to 1GB. This is 57% cheaper than the current offering at RM88 for the existing 1Mbps package.

The other is a new UniFi 10Mbps triple-play package at RM179 a month (excluding GST) that includes unlimited broadband Internet access, free fixed telephone calls nationwide and 22 basic HyppTV channels. This package is 10% cheaper than the existing UniFi 10Mbps package of RM199/month.

I don't quite understand all the current talk about TM's revenue not being affected by the government call to keep broadband prices low.  It's like why not wait until the real revenue numbers come out and then comment.

They may be right, revenue won't drop.  But no one really knows what will happen till it actually does.  So lets wait for the numbers to come in instead of just keep telling people revenue will be fine. I personally think TM will be fine, but there is a significant chance revenue will take a hit. That's why people ask about it.

The truth is no one knows as it is in the future, so why take the chance to look like an idiot over some cocky statements.