TMI, with operations in Malaysia, Indonesia, Sri Lanka, Bangladesh and Cambodia and interests in India and Singapore, said the fourth quarter of 2008 was "challenging" after three good quarters. The group said its main concerns moving forward are currency fluctuations and the possibility of weakening economies affecting the [telecoms] industry.
In Malaysia, Celcom's mobile broadband customers climbed 27% between the third quarter and the fourth quarter of 2008 as the company capitalised on low broadband penetration of less than 20% of Malaysian households.source: TMI statement.
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