Saturday, January 28, 2023

TM to spend up to RM3bil to improve services

In a recent interview with a local newspaper, Telekom Malaysia Group CEO said that the company will spend up to RM3bil in capital expenditure (capex) this year to improve services, especially UniFi.

“We are looking to invest RM2.7bil to RM3bil in capex this year to provide access, build our core network and support systems. We will continue to invest in HSBB but increasingly our expansion would be based on a demand driven model,” TM group chief executive officer Datuk Seri Zamzamzairani Md Isa told TheStar.

Back in November, TM announced that it currently has more than 200,000 UniFi customers. It claims to have wired up 1.1 million of the 1.3 million premises it was supposed to provide with HSBB(high speed broadband) under the first phase.

The TM Group CEO said that the 1.3 million premises were based on a supply driven model but any roll out after the 1.3 million would be based on demand roll-out.

As for TM WiFi/Streamyx Zone(HotZone), TM has about 17,313 sites nationwide and will continue to expand the coverage. The fixed-operator points out that 183 out of 448 shopping malls in the country are enabled with TM WiFi.

[Source]– TheStar

Kugan is the co-founder of MalaysianWireless. He has been observing the mobile industry since 2003. Connect with him on Twitter: @scamboy

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