Malaysian incumbent Telekom Malaysia™ has launched a new Internet Protocol (IP) node in partnership with US-based Verizon Business, Bernama reports. TM expects the node, christened Platinum Transit IP, to position Malaysia as an internet hub for the Asia Pacific region, and the launch comes just four months after the two companies signed a memorandum of understanding to develop the hub. The operator expects the new infrastructure to provide faster connections among local ISPs, lower broadband costs and more reliable international connections. Commenting on the launch Datuk Zamzamzairani Mohd Isa, TM’s CEO, said: ‘The IP node will enable TM to offer high-end network services at competitive price, which will enhance its ability to offer high-quality IP-based services to local service providers and hence companies with operations in Malaysia.’