KUALA LUMPUR (Aug 20): CGS-CIMB Securities Sdn Bhd said today it ranks Telekom Malaysia Bhd (TM) as the second best from an environmental, social, and governance (ESG) perspective among the four Malaysian telecommunication companies (telcos) under the research firm’s coverage on factors including TM’s ability to consistently meet regulator’s quality of service (QoS) key performance indicators (KPIs) and relatively lower regulatory risks versus mobile telecommunication players.