Malaysia's RM11.2 billion high-speed broadband (HSBB) project, after nearly three years of rollout, has received global recognition not just for being visionary but also for being the fastest in the world in its implementation and the largest in scope.
"This project has raised our country's stature in that we have the most high-speed broadband users in Asean and the Asia-Pacific," said Telekom Malaysia Bhd (TM) chairman Datuk Seri Halim Shafie.
He said since the March 2010 rollout, TM's HSBB service, UniFi, has attracted more than 517,000 active customers, an oversubscription of 37 per cent from TM's original target.
"We have also exceeded our target of installing UniFi at 1.34 million premises by the end of 2012 when we installed it at 1.377 million premises," he said.
Halim said this in conjunction with Prime Minister Datuk Seri Najib Razak's visit to TM's headquarters in Jalan Bangsar, here, yesterday.
Halim said the HSBB project, of which RM2.4 billion is government funded, is proof that the partnership between the public and private sectors can work.
Najib said when he first mooted the HSBB idea four years ago, it was on the premise that it would elevate Malaysia's competitive edge on the world map.
"For every 10 per cent increase in HSBB take-up rate, our gross domestic product will increase by one per cent and that is why the telecommunications sector is such a critical one for the country," he said.
Meanwhile, Information, Communications and Culture Minister Datuk Seri Rais Yatim said Malaysia's broadband penetration rate now stands at 67 per cent from only 23 per cent in 2009.
He said last year, the creative industry, which relies on services provided by telecommunications providers, including TM, exported a commendable RM500 million worth of works.