Gobind: Broadband Prices Expected To Drop 25% By End Of This Year

Relevant parties are in talks to finalise the prices.

Cover image via Bernama

Malaysians can look forward to paying for cheaper broadband services later this year, Communications and Multimedia Minister Gobind Singh Deo said yesterday, 20 June

Gobind said this following the implementation of the Mandatory Standard on Access Pricing (MSAP) enforced on 8 June, New Straits Times (NST) reported. 

The reduction is expected to be at least 25%.

The Puchong MP said discussions involving relevant parties are ongoing to finalise the prices

"I am made to understand that this process is scheduled to be concluded by the July/August timeframe after which new lower-priced broadband packages are expected to be rolled out to consumers," Gobind said as quoted by The Edge Markets.

New Straits Times (NST) noted that the revised prices were to be introduced on 1 January this year. But Telekom Malaysia (TM) appealed to MCMC to reconsider the proposal due to the position on some of the pricing components.

Gobind revealed that in comparison with neighbouring countries like Thailand and Singapore, the price of broadband in Malaysia comes out to be the highest

"Many questions have arisen over the matter. So the government is trying to enable cheaper broadband, in comparison to other countries," he said in a Free Malaysia Today (FMT) report. 

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