Sunday, February 13, 2011

TM to Invest RM12m In New Cable System

Saturday February 12, 2011


KUALA LUMPUR: Telekom Malaysia Bhd (TM) will be investing US$4mil (RM12.2mil) for its portion of the Batam-Dumai-Malacca cable system.

“The amount is rather small so we will be funding it ourselves,” TM Global executive vice-president Mohamad Rozaimy Abdul Rahman said after signing a construction and maintenance agreement with PT XL Axiata Tbk and PT Mora Telematika of Indonesia to jointly build high-bandwidth optical fibre submarine cable system between Malaysia and Indonesia.

The submarine cable, Batam-Dumai-Malacca (BDM) cable system is about 400km long, costing about US$7.6mil.

The BDM will connect two routes, Malacca-Batam and Malacca-Dumai. The landing station in Malaysia will be provided by TM while the Indonesian landing stations will be established by XL Axiata.

http://biz.thestar.com.my/news/story.asp?file=/2011/2/12/business/8051918&sec=business

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