Time dotCom has been in the RED for the past few years. In the year 2002, there were rumors that Maxis is planning to take over Time dotCom. Around March last year, Time dotCom was in “merger talk” with Jaring(Time had just won a 3G license). On December last year, TM was said to be the one to acquire Time. Lately, DiGi was in “talks” to acquire Time dotCom.
So what is happening in Time dotCom? Time dotCom owns a hugely under-utilised fibre-optic network linking the major towns in Peninsular Malaysia. They also operate various services such as pay phone, fixed line services,Internet and also discounted call services.(Click Image for larger view: Time’s Trunk network)
This year, Time dotCom is planning to spend RM150mil in capital expenditure (capex) as they are converting to an IP network. They also plans to roll out the long awaited 3G service next year.
Read “Solution in Time?” which is written by B.K. SIDHU, The Star.