On Wednesday research firm Research and Markets (Dublin, Ireland) announced a new report that provides an overview of the trends and developments in the telecommunications and digital media markets in Malaysia.
According to the report, Malaysia has one of the more advanced telecom networks in the developing world. Malaysia has been working towards a national objective to see it ranked as a fully developed nation by the year 2020, and with its widespread application of modern technologies such as fiber optics, wireless transmission, digitalization and satellite services, Malaysia has been steadily working towards achieving its goal, according to Research and Markets.
While still in an expansion phase, Malaysia's telecom sector has undergone some important restructuring, which has involved regulators progressively introducing reforms, says the research firm. In the meantime, the telecom companies have been battling in an increasingly competitive and changing market.
Some key highlights, according to the report:
- In 2011 an estimated one in three mobile subscribers are a 3G customer
- Broadband in Malaysia had achieved a 17% population penetration at the end of 2010
- The government was able to achieve one of its targets, with over 55% of households using broadband at the beginning of 2011
- The strategy for building a National Broadband Network was underway by 2011, with Telekom Malaysia rolling out its government-sanctioned High-Speed Broadband (HSBB) project
- Growth in Malaysia's fixed-line services has flat-lined, with national fixed-line penetration stalled at around 17%.