TM, TNB to accelerate broadband reach
Published on: Wednesday, January 17, 2018
Kuala Lumpur: Telekom Malaysia Bhd (TM) and Tenaga Nasional Bhd (TNB) have signed a Memorandum of Understanding (MoU) to jointly develop an implementation plan for the Government's Nationwide Fiberisation Plan (NFP) delivery.The collaboration would capitalise on the combined strength of both government-linked companies (GLCs) in terms of reach, infrastructure and expertise, they said in a joint statement here on Tuesday."In particular, the synergies will enable the most efficient cost structure, and further accelerate the fibre broadband network reach.
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"this is in line with the government's aspirations to drive Malaysia's digital economy as envisioned under both the NFP, as well as the high-speed broadband (HSBB) projects," it said.Stay up-to-date by following Daily Express’s Telegram channel.
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Further, it said the roll out under TM and TNB, as two of Malaysia's leading institutions, would ensure the safety and security of the nation's strategic and critical infrastructure. The proposed network will also continue the existing open access participation of industry players to promote private sector competition in retail broadband. – Bernama