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After 2 days of suspension and an announcement, Time dotCom (TdC) slides 18% to RM0.63 today. In conjunction with that, TIME - the mother of TdC - also join-in to close down 16% to RM0.435. Actually, what is so bad about the announcement? Prior to the outcome, both counters jump up in anticipating of good news. Anyway, it looks like investors are jumping blindly before this. The announcement by TdC:- Buy Global Transit Communications (GTC) for RM 106 million, the wholesale Internet service and back haul provider Buy Global Transit Ltd (GTL) for RM 105 million, which owns 10% of trans-Pacific submarine cable Buy AIMS Group for RM 128 million, owner of network-neutral data centers in the region Capital repayment of 2 sens-a-share To finance the acquisitions, TdC will pay RM90.9mil cash and the rest in new shares . The deal was expected to enhance TdC's earnings straight away, transforming TdC into a regional telco player, and over-taking other competitors. Why still falls after ...

Recently, a little bit of whirlwind is happening in the local telecommunication industry, when Malaysian Communications and Multimedia Commission (MCMC) awarding the 2.6GHz spectrum to mobile telcos. Why battling for the spectrum? Without spectrum, mobile telcos will not be able to expand their digital business. That's why many quarters are lobbying hard for the precious spectrum allocations. The latest one is the 2.6GHz spectrum. Who is the winner? Surprisingly, all the 8 existing wireless players and 1 newcomer (see picture below) get 20Mhz block each. The only newcomer is a company linked to tycoon Tan Sri Syed Mokhtar Albukhary. Controversial part... Unlike practices did by other global governments, there is NO tendering process being called. No tender, No contest, No transparent, No competition. In the end, No benefit to rakyat . All these years, Rakyat has been suffering from high telephone bills comparing to other nations. Furthermore, the service and coverage is not up ...