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As part of the Malaysian government's privatisation plans of the early-1980s, it was decided in 1984 that the operator, Jabatan Telekom Malaysia (JTM), should be separated from the jurisdiction of the regulator, the Ministry of Energy, Telecommunications, and Posts. The network operating responsibilities of JTM were transferred to a new organisation, Syarikat Telekom Malaysia Berhad (STM), on October 12, 1984. On May 27, 1991, STM officially changed its name to Telekom Malaysia. The company has been listed on the Kuala Lumpur Stock Exchange since November 1990.
Telekom Malaysia is the incumbent fixed-line telecommunications operator in Malaysia. It has the following lines of business: Corporate Centre; Fixed-line Services; Cellular; Multimedia; International Operations; and, Facilities Management. Celcom (Malaysia) Bhd is Telekom Malaysia's mobile communications subsidiary. Telekom Malaysia International is a holding company for the operator’s overseas interests. In April 2005, the company announced ‘TM’ as its new brand identity.
The Malaysian government held a 45.9% stake in Telekom Malaysia as of June 30, 2005.
