IOI to set up own broadband services

IOI Properties Bhd plans to come up with its own broadband services for its townships in order to provide faster and better broadband connection to home owners. 

By the second quarter of the year, the developer plans to come up with its own application called One IOI Net for some 150,000 households and 2,500 businesses in IOI townships in the Klang Valley and Johor.

"With this high-speed broadband, our townships will become one of the most connected places to live and work in.

"This presents a good opportunity for us and other businesses to provide value added mobile applications and services to our community."

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"For example, residents will be able to get first hand information on the promotions available in IOI Mall and also get updated information on the estimated time of arrival of the IOI free shuttle service buses on their mobile phones," said IOI Properties Bhd senior general manager for marketing and business development Lee Yoke Har at a press conference in Putrajaya yesterday.

The first stage of this broadband services will be rolled out at the Bandar Puteri and Bandar Puchong Jaya commercial areas in Puchong.

The area includes Puchong Financial and Corporate Centre and the IOI Boulevard.

With this plan in mind, IOI Properties has entered into a partnership with Observation Sdn Bhd and Wi-Net Telecoms Sdn Bhd to collaborate and deliver the most advanced broadband network and related services to all IOI township developments within the next three to five years.

"The investment (to roll out the broadband services to all IOI townships) is RM20 million for the next three to five years," said Wi-Net Telecoms Sdn Bhd chief executive officer Lee Wai Tuck.

In recent months, there has been a surge in the number of developers offering similar broadband services in their townships such as Sunrise Bhd, which had entered into a partnership with Time dotCom Bhd to provide free and fast broadband services..

Besides Sunrise, UEM Land Holdings Bhd is also offering broadband services at its recently launched residential property in Symphony Hills, Cyberjaya.

Read more: IOI to set up own broadband services http://www.btimes.com.my/Current_News/BTIMES/articles/jr101/Article/#ixzz1CDRR2t1Q