Riding on a wave of the growth in fiber-to-the-home (FTTH) subscriptions, the total fixed broadband service revenue in Malaysia is expected to increase at a compound annual growth rate (CAGR) of 10.1% from US$1.6bn in 2020 to US$2.5bn in 2025, said a study.
GlobalData’s Malaysia Fixed Communication Forecast reveals that fixed voice service revenue will decline at a CAGR of 8.4% over 2020-2025 due to the steady drop in circuit-switched subscriptions and decline in fixed voice average revenue per user (ARPU) levels.
The data and analytics company said that Malaysia’s Internet household penetration will increase from an estimated 31.7% in 2020 to 39.2% by the end of 2025 owing to rising investments in fixed broadband network infrastructure developments and the growing availability of affordable broadband access across the country.
Telekom Malaysia will lead the fixed services market in terms of both fixed voice and broadband subscriptions in 2020, followed by TIME and Maxis. Telekom Malaysia will maintain its leading position through 2025, driven by promotional discount offers on its various broadband plans.
Kantipudi Pradeepthi, Senior Analyst of Telecoms Market Data & Intelligence at GlobalData, said: “Fiber will remain the leading broadband technology in terms of subscriptions through the forecast period driven by rising demand for high-speed broadband connectivity. The implementation of Infinera’s GX Series Compact Modular Platform by Allo Technology Sdn Bhd (Allo) helps Malaysia’s National Digital Network (JENDELA) initiative to improve broadband connectivity and expand fiber-optic networks in the country.”