Sunday, January 17, 2010

TM's high speed broadband launch on track for late 1Q

KUALA LUMPUR: TELEKOM MALAYSIA BHD []'s high speed broadband (HSBB) project is on track for its commercial launch in the later part of the first quarter this year.

TM said on Friday, Jan 15 that infrastructure development was extending beyond the inner Klang Valley and into Putrajaya and Iskandar Malaysia primarily in Nusajaya.

"TM can disclose that it has completed 100 percent of the work in the four exchanges of Taman Tun Dr Ismail, Subang Jaya, Shah Alam and Bangsar, the target areas for its initial service roll-out and is now rolling out the HSBB network in Nusajaya and Putrajaya," it said.

At end-2009, it had established 152, 000 premises passed.

To recap, the RM11.3 billion national HSSB is a public-private partnership agreement between TM and the government which was signed in September 2008.

By end 2012, about 1.3 million premises nationwide will have access to HSBB services. Zone one included the Inner Klang Valley, Iskandar Malaysia, and key industrial sites around the nation.

The financing arrangement will see TM investing RM8.9 billion and the government is contributing RM2.4 billion on an incurred claims basis based on project milestones reached by TM.

"TM's total capital expenditure related to the HSBB project as of Dec 31, 2009 reached RM1.9 billion -- covering last mile access, IP core deployment and capacity expansion for international links," it said.

TM is on track for a progressive plan to roll out commercial HSBB services in the four initial areas by the end of the first quarter of this year. It is conducting user trials in selected households in the four areas.

The HSBB "beta testers' are experiencing and enjoying network access speeds of 15Mbps as part of the related triple-play service package of voice, video and high speed Internet which will eventually make up the complete HSBB commercial retail package to be announced by TM nearer to the launch date.

Over the next three months, another 2,000 to 2,500 households in the four initial HSBB launch areas will be involved in the user trials for retail HSBB services.

In December 2009, TM announced that about 123 households in Bangsar, Taman Tun Dr. Ismail, Subang Jaya and Shah Alam were involved in the HSBB retail service trial as part of TM's progressive plan to roll out commercial HSBB services in the four areas by the end of the first quarter.

Click "refresh" for manual update message


Commodity Futures Charts