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YTL in RM3b broadband push Business Times, 24 April 2009 YTL e-Solutions Bhd (YTLE) (0009), a subsidiary of YTL Corp Bhd, plans to pump in almost RM3 billion to set up a wireless broadband network in Peninsular Malaysia over the next five years. YTLE, which will spend RM2.5 billion on the network, is tying up with South Korean electronics giant Samsung Electronics Co.
The company will use its own money for the investment, managing director Tan Sri Francis Yeoh said in Kuala Lumpur yesterday.
"We will start rolling out (the wireless infrastructure) immediately. We have identified 2,000 sites. We have mapped it. We know where we are going to put all the base stations already," he added.
Malaysia YTL to invest $689 mln on broadband network Reuters, 24 April 2009 Malaysia's YTL Group (YTLS.KL) plans to invest 2.5 billion ringgit ($688.7 million) over five years to roll out a nationwide wireless broadband network, state news agency Bernama reported on Thursday.
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