Monday, December 20, 2010

Time, Astro to collaborate for provision of IPTV, broadband services

KUALA LUMPUR: TIME DOTCOM BHD []'s wholly-owned subsidiary TT dotCom Sdn Bhd has entered into principal terms of collaboration with MEASAT Broadcast Network Systems Sdn Bhd (Astro) for the provision of IPTV and Broadband services across the Klang Valley and Penang.

Time said on Monday, Dec 20 that the collaboration with Astro would allow it o acquire customers at a faster rate in the target areas, and leverage on the strengths of its 100% Pure Fibre Broadband network.

'Bundling Astro's IPTV and B.yond service with Time Fibre Broadband allows both parties to deliver best of breed services to the end customer.

'As a result, Time's wholesale business is further strengthened via working with an anchor partner such as Astro,' it said.

Time said the collaboration was expected to contribute positively to its earnings moving forward.

Among the terms of the collaboration, Astro would deploy its HD/VOD/B.yond pay tv service on Time's Fibre Broadband Infrastructure, redefining the home multimedia experience, package.

The service will be available to 11,400 homes today and an estimated 167,000 homes in over 1,500 buildings by end December 2011 across the Klang Valley and Penang.

Time said the parties aimed to enter into the collaboration agreement, for a term of 10 years, no later than Jan 31, 2011.


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