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Nikkei Markets

Malaysia in talks with foreign players to offer broadband

Aiming to grow broadband coverage by at five-fold in populated areas by 2023

Malaysia’s mobile phone network is dominated by three operators, Axiata Group, Maxis, and DiGi.Com, each commanding about a third of the total mobile subscription.   © Reuters

KUALA LUMPUR (Nikkei Markets) -- Malaysia is in talks with several foreign companies to potentially allow them to offer broadband services in a bid to boost connectivity and spur greater competition.

The government is targeting to increase broadband coverage in populated areas by at least five-fold by 2023, Communications Minister Gobind Singh Deo said at an investor conference. The goal is for 98% broadband coverage in populated areas by 2023 at a minimum speed of 30 Mbps, he said.

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