Time dotCom targeting higher income from Internet business


  • Business
  • Saturday, 11 Jan 2003

BY MOKHTAR HANAFIAH

TIME Dotcom Bhd expects to almost double its revenue from the Internet service business this year from about RM40mil last year, said its general manager for multimedia (product management), Capt (Rtd) Mohd Shahril Stephen. 

“We expect to see an increase of about 100% in revenue in the Internet service provider (ISP) business. We are targeting between RM60mil and RM80mil by the end of this year,” Shahril told reporters after the official launch of Time dotCom 's enhanced global Internet roaming services, TIME NeTraveller, in Kuala Lumpur yesterday. 

He said Time dotCom would allocate about RM60mil this year to expand and improve the infrastructure for its Internet business, compared with just RM4mil last year.  

On TIME NeTraveller, Shahril said, the company expected about 10% of its existing 500,000 TimeNet dial-up users to subscribe to the new service by the end of this year. 

He said the company had invested between RM500,000 and RM700,000 to introduce the service, being offered in partnership with iPass Asia Pte Ltd of Singapore. 

iPass Asia business manager for Internet carrier group (South East Asia) Ivan Lim said TIME NeTraveller would enable users to access the Internet from every major city by paying only a local-call access charge. 

“With this new global Internet roaming service, users need not pay high international call charges. They only pay local phone call charges from more than 15,000 access points in about 100 countries,” Lim said. 

He said users would only need to dial the nearest local access number (point) from anywhere within the TIME NeTraveller roaming coverage to log on to their existing Net accounts at home or at their workplace. 

According to Lim, Time dotCom is the only ISP to offer flat regional In- ternet roaming charges based on the region a user is dialling from. The service will greatly benefit those who travel frequently and are in need of the Internet whilst on the go. 

He said that with TIME NeTraveller, subscribers could access the Internet by using only one TimeNet account.  

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