Link to us: http://sn.im/rm1.3btmhsbb
Telekom Malaysia Bhd (TM) has so far spent RM1.3bil of the RM11.3bil allocated for the high-speed broadband (HSBB) project. Most of that was spent to develop the core network and to secure international capacity to prepare for HSBB. The next stage will be rolling out fibre optics for the last mile at targeted geographical locations, which are high density areas within the Federal Territory and Selangor. the total HSBB investment, the Government will contribute RM2.4bil, which will take the form of disbursement, on a one-to-one matching basis. In other words, the Government will give RM1 to TM for every RM1 that it invests in HSBB, up to a maximum of RM2.4bil. datuk zam isa, the Chief Executive Officer, Malaysia Business, TM said that by the end of 2012, about 1.3 million premises would have access to HSBB services, in accordance with the completion of the first phase of the project agreed with the Government. TM currently has close to 1.4 million broadband customers. TM is experiencing a smaller growth in net additions for its broadband service, while WiMAX operator Packet One Networks (M) Sdn Bhd has been enjoying high subscription rates.
References
RM1.3 Billion Spent on TM's High-Speed Broadband [online], Retrieved 29 September 2010
URL-http://biz.thestar.com.my/news/story.asp?file=/2009/10/30/business/5005858&sec=business
