TM to lose RM3m this year due to cable theft in Penang

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BUKIT MERTAJAM: Telekom Malaysia Berhad (TM) expects to incur losses of almost RM3mil in Penang by the end of this year due to cable theft, which is becoming more rampant.

Its Penang general manager Lai Hook Kian said that up till September, the company had recorded losses of RM2.7mil.

“The losses involved 465 cases of cable theft reported in Penang, especially in North Seberang Perai,” he told reporters at a function here Wednesday.

He said last year, Penang TM recorded losses of RM2.5mil due to cable theft.

Lai said various initiatives had been taken by TM to address the problem, including laying underground cables, introducing wireless services, and installing an alarm system.

He called for public cooperation to help reduce cable theft and not to rely on the police alone to do the job.