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Broadband service prices have reduced by 49 percent, says MCMC

The prices of high-speed broadband services have reduced by 49 percent on average since the end of last year, said the Malaysian Communications and Multimedia Commission (MCMC).

The commission, in a statement, said the success was due to the government's effort last year to reduce the price of broadband through the ‘Double the Speed at Half the Price’ initiative.

This also saw the uptake of fixed broadband subscriptions rise from 2.59 million in 2017 to 2.66 million in 2018.

Meanwhile, there were 36.8 million mobile broadband subscribers recorded in 2018, an increase of 1.5 million subscribers over the previous year.

"The increase was driven by broader 3G and 4G/LTE coverage with improved network quality, as well as increased competition in the broadband market," the statement said.

- Bernama