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Telekom Malaysia acknowledges need for affordable broadband prices

Telekom Malaysia has provided an official statement regarding the reduction of broadband price later in 2018 via its official website:

“We wish to inform that Telekom Malaysia Berhad (TM) has had several engagements in an ongoing dialogue with the Ministry of Communications & Multimedia Malaysia and the Malaysian Communications & Multimedia Commission (MCMC), to reiterate its support of the Government’s aspiration regarding affordable broadband services at higher speed for the nation to increase its competitiveness; and on TM’s proposed initiatives to implement the same. Further details on the initiatives will be announced by TM within the next quarter.”

The announcement is in line with what Gobind Singh Deo Minister of Communications and Multimedia informed the media earlier last week week. According to the minister, reduction in broadband prices is expected to take place by end-2018 in accordance with the Mandatory Standard on Access Pricing implemented by the Malaysian Communications and Multimedia Commission.

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