Telekom Malaysia and Tenaga Nasional have announced that they will be partnering together to deliver Nationwide Fiberization Plan (NFP) which was announced by the government early last year. Both companies have formalized their intention to work together through a Memorandum of Understanding that was signed earlier today.
NFP which was already in motion since last year will involved six million premises with around two million of them are located in rural areas. TNB will be involved heavily in the project as government is planning to utilize the power company’s extensive fiber network as the foundation.
TNB’s intention to work together with TM is not secret though. Last month, it was revealed that the power company has already in talks with the telecommunication giant as well as several other partners. Furthermore, TM and TNB themselves are co-owners of Fibrecomm Network which was established in order to turn TNB’s fiber network into an active telecommunication network.
That being said, the new MoU is just the start of their partnership for NFP though. In the official announcement of the deal, it was pointed out that both companies have yet to finalize the commercial terms of their partnership. Expect to hear more about the collaboration as well as NFP soon enough.