KUALA LAMPUR, Malaysia, Aug. 17 (UPI) -- Telekom Malaysia, Malaysia's largest broadband Internet service provider, expects to double its subscriber base to 700,000 by the middle of next year.
Telekom Malaysia CEO Abdul Wahid Omar said this week that his company's subscriptions were growing by around 30,000 per month, according to the August issue of Nikkei Electronics Asia.
With flat-rate subscription rates and free modems striking a chord with Malaysian subscribers, TM will be increasing its number of ports to 1 million by the end of 2005.
Wahid said TM was looking to cash in on the rising demand by "significantly" raising content revenue from its Internet unit, TM Net Sdn Bhd, from its current 5 percent.
Broadband television is one promising arena, and Wahid said the company was conducting trials aimed at ironing out remaining technical issues.