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Monday, February 14, 2011

Macquarie rates Time dotCom 'outperform' (BT)

Time dotCom Bhd, a Malaysian fiber optic capacity provider, was rated “outperform” in new coverage at Macquarie Group Ltd, which said the company is a beneficiary of growing demand for fibre by mobile operators.

The brokerage set the share-price estimate at RM0.94, according to the report by Prem Jearajasingam and Keith Neruda, analysts at Macquarie. -- Bloomberg

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