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Saturday, October 30, 2004

Malaysia may allow FDI in broadband

Now that is great news.

Malaysia, badly slacking behind its regional competition in broadband penetration (the article states 1% for Malaysia) but with great aspiration as seen in the development of the MSC now considers foreign direct investment of telecommunication companies in broadband.

Let's hope that this is not empty air - it might not be since Prime Minister took Datuk Seri Abdullah Ahmad Badawi over, a lot has started to change.

This new "threat" can also be seen in connection with the condition "imposed" on mobile operators in Malaysia to provide total connectivity across the nation. Well, let's just do it!

(by Asia Business Consulting)