Packet One and SK Telecom to boost broadband in Malaysia
Malaysia’s Packet One Networks Sdn Bhd (P1), who teamed up with South Korea’s SK Telecom (SKT) in June 2010, plans to increase broadband and 4G wireless internet coverage and make Malaysia a regional telecommunications hub.
P1 will invest RM200 million (US$65.6 million) more this year to build capacity and enhance its services. It currently has 46% broadband coverage in West Malaysia and plans to boost that to 52%. SKT, who purchased a 25.8% share of P1 for US$100 million, has helped the company with an operations efficiency program that saw them build a 4G subscriber base of 280,000 customers. Their target is to make 4G available to 65% of the Malaysian population by 2012.
P1′s largest stakeholder remains Green Packet, and Intel also invested RM50 million ($16.4 million) to help set up a nationwide WiMax network. The ASEAN region currently has only 35% broadband penetration, representing a huge opportunity for service providers.
Singapore-Malaysia roaming charges to fall
In good news for cross-border customers, regulators Singapore and Malaysia have reached an agreement that will hopefully see mobile phone roaming charges drop 30% for voice calls and 50% for text messages. The governments will present their plan to local providers such as Singapore’s SingTel, M1 and StarHub, with a view to improving relations and realizing the economic benefits of increased movement and communications between the two countries.
source & article: Bernama
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