Friday, December 09, 2005

TM to provide broadband access to housing project

TELEKOM Malaysia Bhd (TM) yesterday signed a collaboration agreement with TH Properties Sdn Bhd for the provision of smart township solutions to @enstek, an integrated development in Negri Sembilan.

TH Properties chief executive officer Syed Mohamed Ibrahim said the collaboration would commence when TH Properties launches its next project by the fourth quarter of next year.

The project will cover more than 200 acres of mixed residential development, he told reporters after signing the agreement in Kuala Lumpur yesterday. TM Wholesale chief operating officer Datuk Baharum Salleh signed on behalf of the company. The signing was witnessed by TM group chief executive officer Datuk Abdul Wahid Omar and TH Properties chairman Datuk Azizan Abdul Rahman.

Both parties did not disclose the investment value of the collaboration.

''We have not identified the investment in great detail. We are just exploring what we can do at the moment.

''We are estimating that the telecommunication infrastructure cost for the smart township solution at not more than what we have spent in the past,'' Syed Mohamed said.

TM will provide the township with communication infrastructure of higher bandwidth capacity, including fixed and wireless connections to support unlimited broadband applications.

''The project represents an new opportunity to work with housing developers, allowing faster delivery of infrastructure and making telecommunication or information communication technology infrastructure such as broadband as ubiquitous as water and electricity,'' Baharum said.

With the infrastructure and applications, both residents and business tenants at @enstek can subscribe to a host of broadband services such as remote monitoring of their homes. The smart home solution enables homeowners to monitor their house from anywhere, such as controlling electrical appliances and also detecting unauthorised access inside the house.

So far, TM has invested more than RM1mil to provide the service to the existing homes at @enstek.

@enstek is a multi-billion ringgit integrated township on 5,116 acres in Negri Sembilan featuring industrial, commercial, residential and institutional properties.

The project is scheduled for completion in 2025 and has a gross development value (GDV) of about RM7bil.