UniFi subscriber target reached

By EDY SARIF

[email protected]

PETALING JAYA: UniFi, a high speed broadband (HSBB) service byTelekom Malaysia Bhd (TM), has surpassed its year-end subscriber base target of 200,000.

In a statement on Tuesday, group chief executive officer Datuk Seri Zamzamzairani Mohd Isa said the group was very happy that the UniFi service had reached 200,000 subscribers from the 77 coverage areas and this milestone was achieved in only 1 years since it was launched.

“This also shows a faster take-up rate indicating excellent operational effectiveness as compared to our Broadband to General Population service, Streamyx, where we took three years to sign up 200,000 subscribers from nationwide availability,” he said.

He added that UniFi now averaged a take-up rate of 15%20% of the premises passed which had surpassed its initial estimates and expectations of 8% to 10% take-up rate of premises passed.

“We expect UniFi take-up to continue to increase to 50% of premises passed in the next three to five years,” Zamzamzairani said.

UniFi is currently available at 77 exchange areas with more than 1.09 million premises passed.

The areas include the 61 in the inner Klang Valley as well as Nusajaya in Iskandar Malaysia and industrial areas around the country including eight in Johor, three in Penang, two in Kedah, one in Perak, one in Negri Sembilan and one in Malacca.

TM is on track to increase the UniFi service coverage to a total of 78 exchange areas covering 1.1 million premises passed by end of 2011 and 1.3 million premises passed by the end of 2012, which is the target set under the Public Private Partnership Agreement with the Government.

Source : http://biz.thestar.com.my/news/story.asp?file=/2011/11/23/business/20111123085244&sec=business