Home > Malaysia, Random, Technology > TM’s RM11.3b broadband project

TM’s RM11.3b broadband project

I know this piece of news was from last year, but I am exicited to see their progress and get highspeed broadband in Malaysia. I am guessing that TM needs to roll this out as soon as possible with the advent of wimax that is being aggressively promoted and provided by P1.

KUALA LUMPUR: Telekom Malaysia Bhd has received a letter of award from the Government to implement the RM11.31bil high-speed broadband (HSBB) project.

TM said on Tuesday the project would be carried out in collaboration with the Government to deploy the access, domestic core and international networks to deliver an end-to-end HSBB infrastructure.

“The total cost of the HSBB investment for a period of 10 years is RM11.31bil whereby the Government will be investing RM2.4bil and the remaining RM8.91bil from TM,” it said.

TM said with the acceptance of the letter of award, the company and the Government would sign a formal agreement based on mutually agreed terms and conditions in due course.

It added that more details and relevant information would be announced when the HSBB agreement was signed.

On May 15, TM said it was pleased to learn the Government has approved the pertinent details and broad implementation strategies for the HSBB roll-out plan.

The plan was a key initiative in the effort to widen broadband penetration in the country. The HSBB coverage is expected to be available across 1.3 million premises.

News item from: http://biz.thestar.com.my/news/story.asp?file=/2008/9/2/business/20080902181752&sec=business

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