PUTRAJAYA, Sept 21 — The rates for broadband services are expected to fall significantly soon after the Malaysian Communications and Multimedia Commission (MCMC) concludes its...
PUTRAJAYA, Sept 21 — The rates for broadband services are expected to fall significantly soon after the Malaysian Communications and Multimedia Commission concludes its talks with wholesale broadband service providers.
Discussions had taken some time as the service providers had provided feedback saying that their profits will be affected, Communications and Digital Minister Fahmi Fadzil said during a press conference at his ministry after its monthly assembly. “I have requested for discussions to be completed next week before the end of September and it will be followed by a signing ceremony of all the companies providing broadband services at the wholesale level.
“And after that, I believe that the prices of broadband internet will fall quite significantly,” he said.Besides that, he said that the government of the day had successfully tackled inflation, particularly in the telecommunications sector. Citing the latest data from the Department of Statistics Malaysia’s reports, he said he had found that the current rate of inflation in telecommunications here is at -3.7 per cent.He also said that he expects 5G network coverage in Malaysia to expand to 80 per cent by the end of the year.
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