TM and Packet One Networks (Malaysia) Sdn Bhd (“P1”) are joining forces to accelerate the delivery of High Speed Broadband (HSBB) services to all Malaysians, powered by TM’s HSBB infrastructure.Under the agreement sealed between the two parties, our Company will be providing the HSBB (Access) and HSBB (Transmission) services to P1 whereby P1 will have access to all 1.3 million homes covered by the HSBB areas nationwide. The signing of the HSBB Services Agreement with P1 reiterates our Company’s commitment to boosting the HSBB ecosystem locally by getting service providers to come on board and roll out their differentiated value-added services directly to consumers.
TM’s partnership with P1 not only reflects TM’s intent to work with the industry but further strengthen our position as a neutral wholesale service provider. We are also keeping our promise of open access to all MCMC-licensed service providers, as we said at the beginning of the HSBB project under the Public-Private Partnership Agreement (PPP) in 2008. With this collaboration, the telecommunications industry ensures consumers and businesses throughout the country will get to participate in the new wave of digital transformation sweeping across the country, thanks to HSBB. HSBB services will reach out to more Malaysians and will ultimately provide numerous benefits which include bridging the digital divide and lead to innovations at home, work, business and much more.
Michael Lai, CEO of P1, said, “P1 was the first in the region to launch 4G wireless broadband and now, as we are expanding our broadband offering, we are the first to offer the combination both 4G and fibre optic solutions for a segment of customers who want premium speed broadband. No other broadband provider offers such a complete broadband package with such high capacity both at home and on-the-go, coupled with 4G and fibre optic broadband solutions.
As at today, our Company has rolled out the HSBB service to more than 1,044,000 premises passed in 77 exchange areas nationwide. We are well on our way to meet the targeted 1.3 million premises passed by end of 2012. This progress is in accordance with the completion of the first phase of the PPP Agreement signed in September 2008 between our Company and the Government of Malaysia. The RM11.3 billion national HSBB project is aimed to develop next generation high speed broadband infrastructure and services for the nation. Our Company is investing RM8.9 billion into the project while the Government is contributing RM2.4 billion on an incurred claims basis based on project milestones reached by us.
By: Zulkronz