Photo - Rozaimy Rahman, Executive Vice President, Global & Wholesale, TM (right) and Steven Pun, Chief Executive Officer, Formis Development Sdn Bhd, at the recent signing between Telekom Malaysia Berhad (TM) and Formis Development Sdn Bhd for the provisioning of HSBB and Wholesale Internet Access services.
By signing SME business specialist Formis Development as another high speed broadband [HSBB] provider, Telekom Malaysia says it has strengthened its position as a Malaysia's national neutral service provider.
Under the agreement, Telekom Malaysia [TM] will [provide HSBB access and HSBB transmission services as well as wholesale internet access to Formis Development [Formis], a member of Formis Resources Berhad, said TM executive vice president, global & wholesale, Rozaimy Rahman.
This will allow Formis to expand its fibre-based service offering called Ohana in Malaysia to more than 1.456 million premises including the small and medium enterprise segment [SME].
"Today's signing comes as a result of the initiative taken by both TM and Formis, marking yet another milestone in the rollout of the national HSSB project, which was officially launched in 2010," said Rozaimy. "Formis has entrusted TM with providing the platform for its customers, including those from the SME segment and residential customers to enjoy IP-based value added services in HSBB areas nationwide."
"In addition, TM will also be providing a minimum capacity of 1Gbps for Wholesale Internet Access (WIA) services for the delivery of Formis' Ohana offering, and it is upgradeable based on the end customers' requirements and demand thus, enabling them to enjoy better surfing experience," he said. "This three (3) year partnership reiterates TM's promise of opening access to all MCMC-licensed access seekers regardless of size, as mentioned under the Public-Private Partnership (PPP)."
SMEs can now get the best end-to-end broadband solutions
"SMEs represent more than 95 percent of the firms in Malaysia and contribute more than 30 percent to Gross Domestic Product (GDP)," said Formis Development's chief executive officer, Steve Pun.
"However, due to the limitation in purchasing power and access to the appropriate infrastructure, most of the SME players are not able to get the best end-to-end broadband solutions with greater flexibility at competitive prices.," said Pun "Through our agreement with TM, we will be able to offer reliable fibre broadband services at vastly superior speeds and very affordable prices."
"By using the HSBB network / infrastructure as a platform, through Ohana, Formis will offer fibre broadband service specifically designed to meet the needs of SME customers and end users in Malaysia," he said.
"Our end-to-end solutions offer the speeds and guaranteed bandwidth that these businesses need to leverage on in generating innovative applications and reducing their operating costs," said Pun.
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