Malaysia is laying the right foundation for the nation's long-term digital transformation, according to Finnish telecommunications, information technology, and consumer electronics company Nokia Corp.
PUTRAJAYA: The government has agreed to recognise communication services as part of public utilities in the country after water and electricity supply.
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The deployment, which includes Nokia s Gigabit Passive Optical Network (GPON) solution and Access Management System, will be completed by end of Q2 2021 covering nearly 150,000 homepasses. When completed, the end-users will be able to enjoy a high-speed broadband network and applications that require high capacity. The future-ready fiber network will enable Allo to increase its revenue as it will be able to support new use cases like smart cities, smart poles, edge automation, 5G backhaul, and enterprise services.
Nokia s solution will enable Allo to better manage bandwidth in line with the requirement for different services. The fiber network will support the convergence of more services and users on the same infrastructure, allowing Allo to bring down OpEx and enhance revenue.
Tuesday, 18 May 2021 12:28 PM MYT
Maybank IB said with TM being a beneficiary of both the work-from-home and 5G-deployment themes, it sees room for valuation to expand. Picture by Mukhriz Hazim
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KUALA LUMPUR, May 18 ― Telekom Malaysia Bhd (TM), being the nation’s main fixed line player, is poised to benefit from the pandemic-fuelled fibre broadband adoption, hence putting the company in a favourable position.
Maybank IB Research has retained its “Buy” call on the stock with a target price of RM7.40.
The research outfit in its latest report revealed that fixed broadband adoption has continued to climb throughout 2020, ending the year at 3.35 million connections, representing a penetration of 41 per cent - a level last seen in 2015 when long-term evolution (LTE) networks were not yet launched.
PETALING JAYA: In an effort to bridge the digital gap among the B40 group, a total of 8.5 million Bantuan Prihatin Rakyat (BPR) recipients will receive financial assistance in the form of Internet data plans and subsidies to buy mobile devices amounting to RM3.5bil from the Jaringan Prihatin Programme.