Time dotCom plans to expand fibre footprint from proceeds

PETALING JAYA: TIME Dotcom Bhd plans to expand its fibre footprint from its more than 1.3 million premises by using about RM1bil from the proceeds of its partial stake sale in AIMS Group.

There are also good opportunities for the regionalisation of the company’s data centre (DC) business, leveraging on strong enterprise demand for DC co-locations and cloud services, according to RHB Research.