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Tuesday, January 17, 2012

TM eyes HSBB service pacts with 20 property developers

From Left to Right: JPK & Associates Sdn Bhd Director Lai Kok Phooi, BHL Group of Companies Executive Chairman Datuk Lim Boo Kian, TM Executive Vice President Azizi A Hadi, TM MSC State General Manager R.Manivannan.

KUALA LUMPUR: Telekom Malaysia Bhd (TM) aims to sign service agreements with 20 property developers this year to deploy and provide its high-speed broadband service (HSBB) at their respective projects.

Its executive vice president (SME), Azizi A. Hadi, said last year, TM inked agreements with 11 property developers, mainly for projects in the Klang Valley.

"This year, we plan to expand our services in Penang, Sabah, Sarawak, Johor and obviously the Klang Valley region," he told reporters after signing the agreement with BHL Group of Companies here today.

This move, Azizi said, would increase HSBB coverage to some 95 areas nationwide from the current 78. "To-date, the premium HSBB is offered to 1.19 million premises and we expect to increase to 1.3 million premises by year-end.

"Currently, our take-up rate is around 20 per cent.

"As our service offering expands, I am sure the rate also will increase in tandem with the growing Unifi subscribers," he said.

Azizi said TM would launch its high-speed broadband services, Unifi, in Ipoh and later continue to expand in key areas nationwide.

The agreement with BHL was for the deployment and provision of HSBB network infrastructure and services to the latter's three projects.

The projects are USJ One Park in Subang Jaya, KL Palace Court in Jalan Klang Lama and another in Cheras, which account for a total gross development value of RM680 million.

By Bernama

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