Telekom Malaysia Bhd (TM) said it has signed a Construction and Maintenance Agreement (C&MA) with TT dotcom Sdn Bhd, a wholly-owned subsidiary of TIME dotCom Bhd, for the development and construction of a new submarine cable system called Sistem Kabel Rakyat 1 Malaysia (SKR1M).
TIME dotCom Bhd posted revenue of RM163.8 million for the three months ended June 30 2015, 5.2% higher than the previous year’s corresponding period of RM155.7 million.
DNA editor Goh Thean Eu gives a simple overview of how Malaysian telcos’ broadband packages stack up against each other, as well as against other players in the region.
Service providers are supportive of Communications and Multimedia Minister Ahmad Shabery Cheek’s call for more affordable broadband prices, according to Malaysian Communications and Multimedia Commission (MCMC) chairman Dr Halim Shafie.
While the overall stock market picture in 2014 seemed gloomy, some companies managed to dodge the larger trend, in particular those tech companies owned by entrepreneurs who made into Digital News Asia’s inaugural Digerati50 list, writes Goh Thean Eu.
MDeC, via its Digital Malaysia initiative, has announced the MyElite Biz SME Broadband Promotion Programme, which offers high-speed broadband and exclusive e-commerce incentives and training for SMEs.
TIME dotCom Bhd said it posted revenue of RM155.7 million for the second quarter of 2014 (Q2 2014) ended June 30, an increase of RM21.6 million or 16.1% from the same period a year ago.
TIME dotCom Berhad invests US$56 million into a US$300 million transpacific submarine cable system to handle exponential growth in IP traffic.
TIME dotCom Bhd said it has invested in the 9,000km Faster cable system with US search giant Google Inc and four other Asian telecommunications companies.
After almost two years as Deputy CEO of TIME dotCom Bhd, Rossana Rashidi has resigned to pursue other opportunities.