TM Net Sdn Bhd expects to double its number of broadband subscribers to 540,000 by year end from the current 270,000, Telekom Malaysia Bhd chief executive officer Datuk Wahid Omar says.
January 12 2005 || 11:35 am
January 3 2005 || 12:00 pm
The local loop is telco industry lingo for the telephone infrastructure that connects all homes and offices. Telekom controls more than 95% of the local loop in Malaysia, and just like all incumbents around the world, is extremely reluctant to share access with competitors. This represents a huge barrier to new players because it will be a very costly and time-consuming affair to lay a similar or alternative infrastructure, hence, difficult to make a business case.
…Malaysia was among the first countries in Asia to introduce the Internet commercially, through Jaring in 1994. And in 1996, we were arguably the earliest to recognise information and communications technology as a future engine of growth by way of the launch of the Multimedia Super Corridor. Thus, it is all the more painful that we are so far behind in the rollout of one key infrastructure, broadband, that will enable the nation, its companies and citizens to compete and win in this increasingly borderless and competitive knowledge economy.
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