TdC to spend MYR110 million by end-2010

Malaysia’s Time dotCom (TdC) has set aside MYR110 million for capital expenditures for the remainder of 2010, with the bulk of the funds to be directed towards expanding the operator’s network coverage. Bernama is reporting that the operator is aiming to focus on expanding its coverage in key market sectors with a view to offering complete end-to-end communication solutions, with Afzal Abdul Rahim, TdC CEO, noting of the company’s future plans: ‘We very much believe in the fixed-broadband business compared with mobile segment which is nearing saturation … The growth that we see for the telecommunication industry going forward is the provision of data and Internet broadband services, that is where our focus is.’ The executive also said that TdC would look to introduce a number of innovative data product packages and price plans emphasising the higher bandwidth capacity of its network, which it hopes will increase its market share in the wholesale, corporate and government sectors.