MyKRIS Comments on Budget 2015

October 18, 2014 (Sat): MyKRIS Limited a Tier-1 Malaysian Internet & Intranet Services Provider (ISP) listed in New Zealand, Chief Executive Officer and Executive Chairman, Chew Choo Soon comments on Budget 2015.

Measure 11: Increasing Capacity of High-Speed Broadband

In the last two years, the Government has continuously allocated funds for HSBB. Clearly the government continues efforts to spur internet penetration by providing resources for wireless mobile internet with the building of more transmission towers to extend nationwide mobile coverage.

This move definitely helps to improve the overall wired or wireless last mile connectivity especially in underserved areas. Then for the domestic network, government has also budgeted to extend international network connectivity by investing into submarine cables.

We see that the additional capacity provided by the submarine cable will help to drive the Internet charges down and to attract more international telcos and regional countries to transit via Malaysia.

But to make the investment more fruitful, the project is preferably undertaken by a neutral party with a fair pricing mechanism. And to make the submarine project more attractive, MCMC is welcomed to review the cable landing station rights to facilitate Malaysia as the preferred communications transit hub.

Author: Terry KS

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