Since this is a relatively short article, I’m pasting the whole thing in. Certain parts have been bolded for emphasis. Read further on to find out what this could mean for us Malaysians. This article is from the Business Times. Thanks to Paul Tan for the article tip!
Read below:
MALAYSIA is now a step closer to becoming a regional Internet hub, thanks to the partnership between Telekom Malaysia Bhd ™ and Verizon Business.
TM and the US phone firm signed an initial pact to set up a centre in Cyberjaya, which could be jointly operated.
The centre would help attract giant content developers like Google or Yahoo! to host its websites in Malaysia.
For TM, the setting up of the local Internet hub could help save costs “significantly”, said group chief executive officer Datuk Abdul Wahid Omar.
For local Internet surfers, they would be able to open local websites faster and see an improvement in download speed.
“The memorandum of understanding will provide an impetus for Malaysia to become a regional transit hub for global Internet service providers routing traffic.
“In fact, our current Internet traffic in and out of Malaysia is already one of the highest in the region, exceeding some of our more established neighbours,” said Abdul Wahid, who represented TM at the signing ceremony. Representing Verizon Business was its vice president for strategy and finance John Doherty.
Conclusions
In summary, this is good news, for the future. Personally I’m surprised that TM is open to working with a foreign provider. One of the more interesting lines is that Malaysia can become a “regional transit hub for global Internet service providers routing traffic” - this means our packets don’t need to travel from US, to Hong Kong, then to Singapore, then here. Yay! This is perhaps, the most visible benefit so far from the novation of internet services from TMNet, to the parent company TM. (Its doubtful that TM Net would be able to tie up with Verizon). But keep in mind that this is only PLANNED. The word “impetus” basically means potential. Which means that it only means that with this, Malaysia has the potential to become a hub.
The more immediate benefit is merely being able to access local websites faster. Yes, just Malaysian sites. Good news for technopreneurs like myself, and to extent certain internet users who mainly view local content. While I hope that goes through well, I really think the international links (the way Malaysia’s connected to the rest of the world) more than anything else need more attention.
Here’s also the link to the site for Verizon Business Malaysia. Notice the contradiction though - the news report from Business Times says “The centre would help attract giant content developers like Google or Yahoo! to host its websites in Malaysia. ” However, the Verizon Business Malaysia website says ” Verizon Business offers access to its services to non-US based carriers and customers, subject to legal and regulatory requirements and network availability.” So does this mean that the “Google & Yahoo” reference is wrong? (Yes, Yahoo and Google are US based companies, if you didn’t know already).
It remains to be seen though whether TM’s incompetence will infect or hinder its foreign partner…
But congratulations, TM. It’s a good step. You’ve proven yourself better than some other local GLCs who have been shuffling their feet on foreign tieups which would obviously benefit them, due to having misguided notions of nationalism (Proton with Volkswagen, for instance). This is a good move - like DiGi with Telenor, like Celcom with Vodafone.
TM - as the current monopolistic provider of whom we Malaysians have no choice but to use, its nice to see you actually getting better (which would make supporting your monopoly kind of worth it if you could do the whole “smart thinking” and “good service” thing regularly)!
Here’s a pat on the back. Now, back to work. I’ll like to talk you regarding my bandwidth being throttled…