Media Room
Media Room

TM takes lead in financing broadband projects

First published in The Sun Daily on 18 December 2015.

PETALING JAYA, 18 DECEMBER 2015 - Telekom Malaysia Bhd (TM) has signed two public-private partnership (PPP) agreements with the government, which will see it bear the bulk of financing the rollout of the High Speed Broadband Phase 2 (HSBB 2) and the Sub-Urban Broadband projects (SUBB).

The total cost of the HSBB 2 investment for a period of 10 years is RM1.8 billion, whereby the government will be investing RM500 million and the remaining RM1.3 billion will be invested by TM.

The total cost of the SUBB investment for a period of 10 years is RM1.6 billion with the government investing RM600 million and TM investing RM1 billion.

The 10-year HSBB 2 project encompasses the deployment of additional access and core capacity covering state capitals and selected major towns throughout the country. It includes planning, designing, implementation, operation and maintenance of HSBB network infrastructure and services.

Under the project, 95 additional exchanges will be HSBB ready providing access to 390,000 premises by 2017.

Meanwhile, the SUBB infrastructure will also be rolled out over a period of 10 years, involving the upgrading of existing copper lines to deliver high-speed broadband access speeds of up to 20Mbps and up to 100Mbps in areas deployed with Fibre-to-the-Home technology, to over 420,000 premises by 2019.
2015/12/18
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