TELEKOM Malaysia Bhd (TM), the country's dominant phone company, plans to raise as much as RM1.4 billion from the sale of its staff loans and non-core assets, Morgan Stanley said in a report.

"The disposal of staff loans from the group's books could free up RM500 million, and the Multimedia University disposal could unlock another RM800 million to RM900 million," wrote Navin Killa and Gary Yu in the report after meeting the management last month.

Oh my god! What will happen to MMU then?

The MMU mascot, eBee is already waving goodbye to TM?