Fiber@Home has been selected by Penang State Government as one of the partners in the Penang Fibre Forward Plan, an initiative designed to provide state-of-the-art communications infrastructure. The company claims that its open access network concept has already been adopted by the leading developers across the country and will now form a key component of the fibre infrastructure for the island state.
The partnership initiative, which includes a number of telco service providers, was confirmed at a signing ceremony witnessed by Penang Chief Minister YB Lim Guan Eng.
Fiber@Home has also been appointed as a representative on the Local Council for State Telecommunications, established by Penang State Government, where it will advise on high speed broadband and telecommunications infrastructure planning.
As part of the offering, users in Penang – whether residential or business – have access to ultra-high speed broadband of up to 1,000 Mbps (approximately 1Gbps), delivered over an all-IP, open access infrastructure.
Fiber@Home is currently implementing a series of contracts for fibre-connected home installation based on its open network access infrastructure concept for property developers around the country. Among its clients are SP Setia Berhad, Mah Sing Group, Sunway Property, UMLand, Tropicana Properties, Emkay Group and BCB Berhad.
Among the major developments currently in progress is the Setia EcoGlades community in Cyberjaya where Fiber@Home is installing Gigabit Fibre infrastructure with speeds of up to 1,000 Mbps throughout the neighbourhood.
The open access network is already live at seven sites around the country at limited locations in Kuala Lumpur/Selangor, Penang, Kedah and Johor Bahru, providing access for 5,000 homes. A further 10,000 homes across the country will be connected to the open access network community by the year end. A range of internet, phone, TV and entertainment packages from multiple providers is currently available via the Fiber@Home online portal.
Fiber@Home City Networks Sdn Bhd is a member of the OMESTI Group. The OMESTI Group posted a net loss of RM7.03 million for the first quarter ended June 30, 2015, versus a net profit of RM1.09 million. Revenue came down by 21.08% to RM74.21 million from RM94.04 million. It is involved in three business segments namely business performance services, trading and distribution services, digital and infrastructure services.
OMESTI has a 52.63% stake in Fiber@Home as of July 2015. The Group also owns Ohana Communication Sdn Bhd, a “business fibre broadband” service provider.
Fiber@Home is an “independent community broadband infrastructure” company with NFP, NSP and ASP [Network Facilities Provider, Network Services Provider, Associated Services Provider] telecommunication licenses from MCMC.
