PUTRAJAYA, June 20 — Broadband prices in Malaysia could be reduced by up to 25 per cent by the end of the year, Communications and Multimedia Minister Gobind Singh Deo announced today.
This was following the ministry’s implementation of the Mandatory Standard on Access Pricing (MSAP) revision starting on June 8.
The MSAP revision affects wholesale broadband prices, and Gobind said that retail prices for broadband should also drop accordingly.
“I hope this will reduce broadband prices by at least 25 per cent by the end of the year,” he said.
Previously, Gobind had pointed out that Malaysians are paying more for internet access compared to neighbouring countries such as Singapore and Thailand.
The MSAP revision was completed in 2017 but the price changes were not implemented as Telekom Malaysia (TM) appealed against the revision.
But Gobind said that he ordered the revisions to take place immediately after assuming his post as minister following the 14th general elections.
He also said today that his ministry is reviewing methods to increase internet speed in the country.