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TIME dotCom buys 60% stake in cloud computing firm AVM

KUALA LUMPUR (Jan 7): TIME dotCom Bhd has acquired a 60% stake in Malaysia’s leading private cloud computing provider AVM Cloud Sdn Bhd for RM58.7 million. TIME said the acquisition marks the group’s efforts in accelerating the growth of cloud computing as the newest pillar of its business, alongside fixed line services, global network connectivity and data centres. “With the inclusion of AVM in the TIME family, the group now possesses a full spectrum of product offerings that can meet the needs of its enterprise customers across the region. “With almost two decades of experience, AVM is a home-grown brand that was founded by five Malaysian entrepreneurs and has grown from strength to strength, to count themselves as one of the leading VMware service providers in Southeast and North Asia,” TIME said in a statement today.

Kuala lumpurSdn bhdAfzal abdul rahimDavid chanGlobal solutions sdn bhdCom bhdNorth asiaIntegrated global solutions sdn bhdBursa malaysiaகுவாலா லம்பூர்ஸ்டன் ப்ட்டேவிட் சான்உலகளாவிய தீர்வுகள் ஸ்டன் ப்ட்கம ப்ட்வடக்கு ஆசியாஒருங்கிணைந்த உலகளாவிய தீர்வுகள் ஸ்டன் ப்ட்

Internet Infrastructure Work Often Gets Delayed Because Everyone Wants To Make A Quick Buck, Says TIME CEO

channel for the latest stories and updates. Work on infrastructure for internet connectivity are sometimes delayed by local authorities, bureaucracy and individuals who want a piece of the pie, based on reports by Malay Mail. TIME dotCom Chief Executive Oficer Afzal Abdul Rahim said that political will at the state level is often tied to “ancillary” businesses with many different parties trying to make a quick buck. He said that it’s been going on despite efforts by the Malaysian Communications and Multimedia Commission (MCMC) to encourage state governments to make telecommunications a third utility. So while MCMC has been going on an above board objective, to speak to the state governments and convince them that you should open up, the moment MCMC leaves, the telco CEO gets called from the “konco-konco” (friends) around the mentri besar to say ‘Actually how can we make money from this, you all are making so much money, surely we can make some cuts here and there.

Afzal abdul rahimFadhlullah suhaimi abdul malekMultimedia commissionMalaysian communicationsCom chief executive oficer afzal abdulமல்டிமீடியா தரகுமலேசியன் தகவல்தொடர்புகள்

Local authorities the biggest obstacle to internet infrastructure rollout in Malaysia, says telco CEO | Malaysia

Friday, 18 Dec 2020 10:56 PM MYT BY IDA LIM The Malaysian Communications and Multimedia Commission is seeking to encourage state governments to make telecommunications a third utility. Bernama pic Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, Dec 18 Local authorities and bureaucracy sometimes hold up the progress in the installation and rolling out of the necessary infrastructure for internet connectivity in Malaysia, while individuals seeking to make a cut financially also hamper the pace of strengthening digital connectivity, the CEO of a telecommunications firm said today. Afzal Abdul Rahim, CEO of TIME dotCom Berhad, asserted that political will at the state level is also closely tied to “ancillary business ambitions”, saying that such business interests may come into play even as the Malaysian Communications and Multimedia Commission (MCMC) seeks to encourage state governments to make telecommunications a third util

Kuala lumpurTanah merahNegeri sembilanAfzal abdul rahimNegara jendelaFadhlullah suhaimi abdul malekMinistry of housingMultimedia commissionMalaysian communicationsAbdul rahimAncom berhadJalinan digital negaraLocal governmentகுவாலா லம்பூர்டனா மேராஅமைச்சகம் ஆஃப் வீட்டுவசதி

EVENING 5: Graft hindering telco infra rollout, says TIME CEO

EVENING 5: Graft hindering telco infra rollout, says TIME CEO
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TIME CEO claims corrupt elements in State Govts are hindering telco infra rollout

TIME CEO claims corrupt elements in State Govts are hindering telco infra rollout
theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.

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