Malaysia to further extend high-speed broadband service

09:53, March 25, 2010      

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Telekom Malaysia Bhd (TM), Malaysia's leading telecom operator, vows to further extend high- speed broadband (HSBB) service with higher investment in 2010, the group's chairman Halim Shafie said Wednesday.

Halim said, at the launching of its next generation HSBB, that TM was on track to meet the target of connecting 750,000 houses and premises with HSBB by this year, while 311,000 ones have already experienced the services to date.

By the end of 2012, TM pledges to make the HSBB service accessible in 1.3 million homes and premises, which is a reachable target, he said.

Meanwhile, TM targets to expand the coverage of the HSBB service from four exchange areas at present to 48 ones by the end of the year, he added.

For better service, TM plans to increase its expenditure in service improvement to 5 percent of its revenue for 2010 as against 3.6 percent or 308 million ringgit (some 91 million U.S. dollars) spent last year.

The HSBB project, at the cost of 11.3 billion ringgit (some 3.3 billion U.S. dollars), is jointly funded by the Malaysian government and TM, which will pay 2.4 billion ringgit (some 706 million U.S dollars) and 8.9 billion ringgit (some 2.6 billion U.S dollars) respectively in stages.

Besides HSBB service, TM has more than 1.43 million customers registered for normal broadband service.

Malaysia had a population of around 28 million at the end of 2009.
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