P1 Taps Into TM's FTTH

PETALING JAYA, Malaysia -- Telekom Malaysia Berhad ("TM") and Packet One Networks (Malaysia) Sdn Bhd (“P1”) are joining forces to accelerate the delivery of High Speed Broadband (HSBB) services to all Malaysians, powered by TM’s HSBB infrastructure.

Under the agreement sealed between the two parties, TM will be providing the HSBB (Access) and HSBB (Transmission) services to P1 whereby P1 will have access to all 1.3 million homes covered by the HSBB areas nationwide. The signing of the HSBB Services Agreement with P1 reiterates TM’s commitment to boosting the HSBB ecosystem locally by getting service providers to come on board and roll out their differentiated value-added services directly to consumers.

The HSBB (Access) and HSBB (Transmission) services offered by TM is open to all Malaysian Communications and Multimedia Commission-licensed service providers who wish to offer IP-based services and applications to end users.

As at today, TM has rolled out the HSBB service to more than 1,044,000 premises passed in 77 exchange areas nationwide. TM is well on its way to meet the targeted 1.3 million premises passed by end of 2012. This progress is in accordance with the completion of the first phase of the PPP Agreement signed in September 2008 between TM and the Government of Malaysia. The RM11.3 billion national HSBB project is aimed to develop next generation high speed broadband infrastructure and services for the nation. TM is investing RM8.9 billion into the project while the Government is contributing RM2.4 billion on an incurred claims basis based on project milestones reached by TM.

Packet One Networks (Malaysia) Sdn Bhd. (P1)