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Yeoh sees broadband penetration at 80% in 5 years
The Edge, 6 February 2010
Broadband penetration in Malaysia is expected to surge to between 70% and 80% in the next five years from 25% now, according to YTL Group managing director Tan Sri Dr Francis Yeoh Sock Ping. He said for every 10% increase in broadband penetration, the country's gross domestic product (GDP) should grow by 1.5%.
YTL Expects Broadband Penetration To Surge Within Five Years
Bernama, 5 February 2010
YTL Group's Managing Director Tan Sri Dr Francis Yeoh Sock Ping said a 10 per cent increase in broadband penetration would increase Gross Domestic Product (GDP) by 1.5 per cent.
"So, if we have 100 per cent broadband penetration in Malaysia, we can imagine a sustainable GDP growth and job employment possibilities in our country," he told reporters after the release of a report on Malaysia's Manufacturing and Services Sectors by the Malaysian Industrial Development Authority (MIDA) Thursday.
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