Telekom Malaysia™ has announced that it has spent approximately MYR1.9 billion (USD572.9 million) to date on the rollout of its High Speed Broadband (HSBB) project, according to Bernama. TM CEO Datuk Zamzamzairani Mohd Isa said that the telco was expecting the new infrastructure to reach around 750,000 premises by end-2010, while at that same date physical work at 44 of the 95 exchanges that are being upgraded will have been completed. Zamzamzairani also claimed that the HSBB project would contribute about 1% to gross domestic product (GDP), noting: ‘This 1% is only direct impact, we expect it could be more than 1% contribution to GDP if we are able to reach the targeted penetration rate.’
As reported by CommsUpdate earlier this month TM is aiming to launch the first commercial HSBB services on 24 March and at launch the network will initially cover the four areas of Shah Alam, Subang Jaya, Taman Tun Dr Ismail and Bangsar. The telco will offer triple-play services over its HSBB infrastructure comprising fixed line voice, high speed internet at download speeds of up to 10Mbps and IPTV.