The Malaysian Communications and Multimedia Commission (MCMC) is in the final stage of negotiations with broadband service providers to enable wholesale Internet prices to be offered at a lower rate, said the Minister of Communications and Digital Fahmi Fadzil.
The minister said he has requested that the negotiations be concluded next week to allow for the next step, which is the signing of a Memorandum of Understanding (MoU) between the Ministry of Communications and Digital (KKD) and the broadband service providers.
He said that the negotiation process has taken quite some time as it involves various parties, but the outcome will result in a significant reduction in Internet prices.
Source: BERNAMA News Agency