Telecommunications provider, TIME dotCom Berhad (TIME) reported its first quarter 2013 operating profits of RM31.4 million, an increase from RM10.2 million a year ago, on the back of consolidated results from its new subsidiaries that were acquired in May 2012. During the quarter, TIME also benefited from a one-off wholesale deal, as well as growth [...]
Archive for 'Time dotCom'
TIME dotCom Bhd posted a record RM419.1 million in revenue for its financial year ending 31 December 2012, a 34% increase from RM313.9 million recorded in the same period a year ago, driven by new revenue streams contributed by regional bandwidth sales, data centre, and continuous growth of its domestic fixed-line business. On a comparable [...]
TIME dotCom Berhad (“TIME” or “the Group”) posted a 43% jump in revenues for the 3rd quarter of 2012, compared to the previous year’s corresponding period, boosted by fresh contributions from its new regional business and higher data revenue from existing businesses. With the integration of its acquisitions complete, TIME is now growing on two [...]
One of the leading Malaysia data centre operator, AIMS Group (AIMS) today announced its new 34,500 sq. ft. state-of-the- art ‘CJ1’ data center located in Cyberjaya. With CJ1, AIMS now operates from four separate sites within peninsular Malaysia, with added capabilities for site recovery. Its Cyberjaya data center is now fully operational and will be [...]
Malaysia broadband service provider, TIME dotCom Bhd (TIME) and Cyberjaya master developer Setia Haruman Sdn Bhd have announced that they will team up to introduce fibre connectivity to homes and offices in Cyberjaya. TIME and Setia Haruman Technology Sdn Bhd (SHTech), a subsidiary of Setia Haruman, will collaborate to deploy 100% fibre-to-the-home and fibre-to-the-office services [...]
TIME dotCom Berhad (TIME) has named Rossana Rashidi as its Deputy Chief Executive Officer. Rossana will assist Chief Executive Officer, Afzal Abdul Rahim, to manage TIME’s enlarged group, across its domestic fixed line telecommunications, data centres and regional wholesale bandwidth businesses. Rossana(picture) spent almost a decade at Maxis Berhad where she played in key role [...]
TIME dotCom Bhd (TIME) has launched TIME Fibre 100Mbps Home Broadband yesterday. The fibre service is available at RM179 a month and is being offerred to 100,000 homes in the Klang Valley and Penang. Details of the TIME Fibre 100Mbps Home Broadband as below:
AIMS Group (AIMS) a carrier-neutral data center based in Malaysia, today announced their expansion of its Managed Services portfolio that currently includes different levels of IT infrastructure and application hosting at the data center. AIMS’ newest addition is a cloud-model based service known as ‘Caching by AIMS’. According to Henry Chuah, Vice President, New Business, [...]
TIME dotCom Berhad has entered into a construction and maintenance agreement of the Asia Pacific Gateway (APG) submarine cable system connecting Malaysia to Korea and Japan. The APG is a 10,000 km international fibre optic cable system that will link Malaysia to Korea and Japan with seven branches to other Asian countries. The cable system [...]
The enlarged TIME Group now includes the AIMS Group, one of South East Asia’s carrier neutral data centres; Global Transit Communications Sdn Bhd (GTC), a regional Internet and bandwidth provider to other telecommunication companies; and Global Transit Ltd (GTL), which holds a 10% interest in the Unity Cable System. Speaking at the press conference after [...]
TIME dotCom Berhad’s (TIME) profit before tax (PBT) grew to RM29.6 million in Q1 2012 (Q1,12) from RM22.9 million against the same quarter in 2011 (Q1,11). The 29% PBT growth was driven on the back of a 16% revenue growth for the quarter, reaching RM81.3 million in Q1 12 from RM70.1 million in Q1 11.The [...]
TIME dotCom has partnered with Astro to provide IPTV service across the Klang Valley and Penang. The service will be available to 11,400 homes today and an estimated 167,000 homes in over 1,500 buildings by end-December 2011. Press release will be updated below once I receive it.
DiGi has signed up with TIME dotCom to power up part of its mobile backhaul in peninsular Malaysia using TIME’s fibre network. The collaboration is the first peninsular-wide deployment of a full optical switched fibre network to support mobile backhaul traffic. Under the ten year agreement, worth RM139 million, TIME will fiberise, maintain and support [...]
Time dotCom CEO Afzal Abdul Rahim talks about the company’s sixth straight quarter of profits against the backdrop of his 2-year-old turnaround plan, its growing global bandwidth business and the interplay between being a yield versus a growth stock and dividends. He also discusses its recent 339 million ringgit acquisitions of Global Transit and AIMS [...]
Time dotCom (TdC) has proposed to buy three companies for RM339 million. Those 3 companies are AIMS Group for RM128 million, Global Transit Communications Sdn Bhd (GTC) for RM106 million and Global Transit Ltd (GTL) for RM105 million. The acquisition will be financed by RM90.9 million in cash and RM248.1 million in shares, and is [...]