,Speaking with StarBizWeek, TFP managing director Datuk Hussian @ Rizal A Rahman says its joint-venture business will target the “unserved and underserved” areas in Malaysia.
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ONLY two companies – Telekom Malaysia Bhd (TM) and TIME Dotcom Bhd – typically come to mind when one talks about fixed fibre broadband infrastructure providers in Malaysia.
TIME, through its own fibre network, serves the high-density, high-rise premises, while TM leases out its fibre-optic capacity to other telecommunication companies such as Maxis Bhd, Digi.com Bhd and Celcom Axiata Bhd through wholesale agreements at regulated rates.
TM also offers its own fibre broadband services under “unifi” for individual housing units and high-rise buildings.
Despite over a decade of pushing the National Broadband Initiative, most households in Malaysia do not own a fixed fibre broadband connection.
And it is worth noting that many areas in Malaysia still do not have access to fixed broadband services.
As of the first quarter of 2021, there were 3.51 million fixed broadband subscriptions in the country, according to data from the Malaysian Communications and Multimedia Commission (MCMC).
Nearly half of the subscriptions came from the Klang Valley and Labuan alone.
Realising the available opportunities in the market, another public-listed company – TFP Solutions Bhd – wants to jump onto the fixed fibre broadband bandwagon in the country.
Partnering with a subsidiary of Tenaga Nasional Bhd (TNB), TFP seeks to venture into the fibre-to-the-home (FTTH) business and expects to deliver high-speed Internet access nationwide at a lower-than-market price.
But the group insists that it is not here to compete with any existing fibre broadband infrastructure players, but would rather complement them.
Speaking with StarBizWeek, TFP managing director Datuk Hussian@Rizal A Rahman says its joint-venture business will target the “unserved and underserved” areas in Malaysia.
Unserved areas are those without Internet broadband connections, mostly in rural areas.
As for the underserved areas, TFP is targeting locations where the demand exceeds the supply from the current operators, or where the current services do not cater to the needs when high-speed Internet connections are required.
“Everyone is talking about the fifth generation of wireless services (5G) now, but few understand that we need to complete the 4G network in order to benefit from 5G.