Target of doubling speed and halving price of broadband achieved

Communications and Multimedia Minister Gobind Singh Deo visited the Telekom Malaysia Bhd’s headquarters. (Bernama pic)

KUALA LUMPUR: There will be no further reductions in broadband price this year, Communications and Multimedia Minister Gobind Singh Deo announced today.

He said the move was taken after the ministry had achieved the target of doubling the speed and halving the price.

“When we started, we wanted to double the speed and reduce the price. What happened after that was that all the telcos reduced the price substantially.

“If you ask me, the target has been achieved,” he told reporters after his first official visit to Telekom Malaysia Bhd’s (TM) headquarters here today.

Earlier this year, Gobind said the country had succeeded in meeting its target of lowering broadband prices by 25% in 2018.

The minister said the target had been achieved as most telecommunication companies, including Celcom Axiata Bhd, Maxis Bhd and TIME dotCom Bhd, had dropped their broadband prices by 30-65%.

Meanwhile, Gobind also said Tenaga Nasional Bhd (TNB) was the only company that had come up with a proposal for fibre optic infrastructure.

“It is basically a local company that has the infrastructure already up and running in Malaysia.

“That is why we are looking at a pilot project in Jasin,” he added.

TNB’s three-month pilot project in Jasin was implemented through the National Fiberisation and Connectivity Plan initiative announced in Budget 2019.