TIME invests RM100m in new home broadband (5031)

KUALA LUMPUR: TIME dotCom Bhd has invested about RM100

million to create the TIME Fibre 100 megabits per second (mbps) Home Broadband, Malaysia's fastest home broadband service.



Its chief executive officer, Afzal Abdul Rahim, said the investment
was part of the company's capital expenditure for the past two years.



"We are raising the bar for Malaysia's Internet speed and service
through this new product, putting us at least on par with many other
developed countries around the world.



"The TIME's 100 per cent fibre optic network will reach
approximately 100,000 homes in the Klang Valley and Penang," he said at
the launch of the product here today.






Afzal said Malaysia was ready to adopt high-speed home broadband
and this was in line with various government initiatives to boost
broadband penetration rate among Malaysians.



On the target take-up rate, he said, TIME did not have one yet
because for the next three to six months, there would alot of
educational tours to promote the product and why the need for 100 mbps.



"Maybe after the educational period, we can make a prediction," he said.



The home broadband's package, which is available from today, is priced at RM179 per month initially. -- BERNAMA