Thursday July 2, 2009
Malaysia to exceed worldwide telco industry growth
THE Malaysian telecommunications industry will grow about 5% over the next five years, outpacing the global forecast of just over 2% in the same period, a recent study has found.
The study by market researcher IDC took into account factors such as economic conditions, technology adoption trends and government initiatives.
“Although it’s obvious that mobile penetration is high in Malaysia, there is still room to grow in this industry,” said Chris Lewis, group vice-president of international telecommunications and networking for IDC.
“We are confident Malaysia will exceed the worldwide average.”
IDC’s study further divided the industry into four categories — mobile voice, mobile data, wireline voice and wireline data.
It predicts that by 2013, mobile voice is set to grow 6% in Malaysia (versus 2% worldwide) while wireline data (mostly broadband) will grow about 11% here (5% worldwide).
“Malaysia is a developing nation with healthy economic growth prospects but broadband and fixed-line penetration remains relatively low,” said IDC’s telecommunications research manager Lincoln Lee.
“As such we believe that as the country and economy develop further, this will drive the further adoption of telecommunications services by both consumer and commercial entities.” — STEFAN NAIDU
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