Take-Up Rates for TM's HSBB To Be Small

OSK Research expects the take-up rates for TM Bhd's high speed broadband (HSBB) service to be small in the initial years.

This is because the addressable market comprised areas, already served by its existing fixed broadband service, Streamyx.

The research firm stated the take-up rates will also be small, due to competition from wireless alternatives, which present a greater value proposition given their mobility feature.

"We see the revenue impact from HSBB as insignificant for financial year 2010 and have only factored in minimal revenue contribution for 2011," it said in a research note here Tuesday.

Asiaspace Wimax Targets Between Up To 5,000 Subscribers

Asiaspace Wimax Sdn Bhd has target at least 3,000 to 5,000 subscribers in the first quarter of the year, with the launch of its "amax city" Tuesday.

It is the first virtual city within Technology Park Malaysia (TPM) that allows unlimited online access to services and facilities through a convenient internet gateway.

"There is demand at the TPM. We are targeting the 162 tenants in this area including media agencies, content providers, online game developers, IT companies and software developers," its vice president, marketing and operation, Ahmad Shah told reporters after the launch of the amax city.

The launch was officiated by Minister of Information, Communications and Culture, Datuk Seri Utama Dr Rais Yatim.