COMPANY BACKGROUND
Celcom started its operation as STM Cellular Communication in 1988 with Fleet Group and Telekom Malaysia as shareholders. Subsequently Telekom Malaysia sold its 51% shareholding to the TRI group which was controlled by Tajuddin Ramli. Fleet Groups share meanwhile was transferred to the time Engineering group which was later sold to TRI. In the initial years celcom experienced a tremendous growth in subscriber base and network coverage under the stewardship of Rosli Man, the President of the company. It was during his tenure that celcom turned into the leading cellular companies in Malaysia. He left celcom in 1996.
When the cellular phone market was opened up in 1995, celcom upgraded to the GSM900 service and quickly grew to become the largest mobile phone
References: * Deusen, C, V, Williamson, S, & C.Babson, H. (2007). Business Policy and Strategy, United Stages of America; Aurbach Publication. * Celcom’s Official Website 2009, accessed on 10 July 2009. * John, B & Keith, P, 2005, managing innovation: integrating technological, market and organization change, 3rd Ed, john Wiley, England. * William, D & Jerome, M 1999, Basic marketing: a global-management approach, McGrawhill, London. * www.ilokabennethchiemelie.com