TELEKOM Malaysia Bhd (TM)(4863), the country's biggest telecommunications group, said the RM11.3 billion national high speed broadband (HSBB) project remains on track for commercial launch in late first-quarter of 2010."Infrastructure development work is moving on unabated and is now extending beyond the inner Klang Valley and into Putrajaya and Johor's Iskandar Malaysia, in Nusajaya," TM said in a statement yesterday.
It has so far completed work in Taman Tun Dr Ismail, Subang Jaya, Shah Alam and Bangsar, the target areas for its initial service roll-out.As of December 31 2009, TM has established 152,000 premises passed. The target is for some 1.3 million premises nationwide to have access to HSBB services by the end of 2012.TM is putting up RM8.9 billion, while the government is contributing RM2.4 billion on an incurred claims basis.TM said its total capital expenditure on the project as of December 31 2009 was RM1.9 billion.
http://www.btimes.com.my/Current_News/BTIMES/articles/hsbb15/Article/
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