Thursday, November 26, 2009

NAMEWEE, DEDICATE A VIDEO TO TM!

Investors put off by Malaysia’s high-cost, low-speed broadband

KUALA LUMPUR, Nov 26 — Consumers in Malaysia pay some of the highest prices for broadband in the region, one major reason being the monopoly which state-owned Telekom Malaysia (TM) holds on submarine cable landing rights, a senior executive at a multinational company has asserted.

There is no shortage of gateway service providers seeking landing rights because of the pent-up demand for quality bandwidth, but the government must deregulate or liberalise gateways in order to improve competitiveness by providing larger broadband at lower costs, said Ryaz Patel, Intel Electronics country manager for Malaysia and Brunei.

Patel’s comments that the lacklustre quality and high cost of broadband is hurting the country’s knowledge aspirations come on the heels of warnings by Australian businesses that slow Internet speeds were putting them off investing in Malaysia.

Malaysia Australia Business Council vice-chairman Michael Halpin said large technical documents from Australia had difficulty getting sent over because of the poor quality broadband.

“Australian and American investors see this as a nuisance and an impediment to them to do business successfully here,” he said.


In a press briefing on Intel’s roadmap for 2010, Patel observed Malaysian consumers pay significantly more for broadband, but even to buy broadband wholesale as a service provider was ‘“frighteningly expensive” compared to its neighbours.

His comparison of regional costs showed Malaysian broadband offers some of the lowest speeds in the region, but at the highest costs.

[Excerpted from Business Times Singapore. Read the whole damning report here.]

And when you're done with TM, Namewee, let's go for BN!



Post a Comment