Post updated October 21st, 2016 at 09:59 pm
Prime Minister of Malaysia, Najib Razak just moments ago has announced that Internet Service Providers in Malaysia has agreed to increase the speed of their fixed broadband offering starting January 2017. This was unveiled as part of the on-going tabling of Budget 2017.
Despite the increase of speed, the price will remain as per what users are paying at the moment. The fixed broadband speed will again be doubled with its pricing to be slashed in half within the next two years.
However, local ISPs have yet to release any official statement regarding the announcement made by the Prime Minister. (UPDATE): TM will announce more details regarding this move next week.
Meanwhile, Malaysia Communication and Multimedia Commission (MCMC) will be providing RM 1 billion to improve the coverage and quality of broadband Internet in Malaysia. The objective of this effort is to achieve 20Mbps access throughout the country.
At the same time, the government will also be launching an initiative to increase the Internet speed in public universities up to 100Gbps. All in all, it seems like our fixed Internet infrastructure will be on upgrade mode in 2017.
(Full text: Bajet 2017’s official website. Image: RTM live feed)