The partnership agreement was witnessed by Tunku Ismail Sultan Ibrahim, Pemangku Sultan Johor. From left: Mohamad Naifuddin Bujang Mohidin, executive director and joint CEO, BA Group; Datuk Lion Peh, managing director and joint CEO; Datuk Seri Yeoh Seok Hong, managing director, YTL Communications and YTL Power; and Yeoh Keong Ren, chief marketing officer, YTL Communications
KUALA LUMPUR: Bullish Aim Group and YTL Communications Sdn Bhd, a YTL Power International Bhd
subsidiary, have entered into a strategic joint venture to develop next-generation common fibre infrastructure.
The joint venture also aimed to address the surging demand for high-speed connectivity and robust data services, positioning Malaysia as a regional leader in the digital economy.
A joint statement today said the collaboration would see the deployment of a unified fibre optic network designed to enhance data transmission capabilities and foster greater efficiency for telecom providers and businesses.
"By leveraging YTL Communications’ extensive experience in large-scale infrastructure development and BA Group’s cutting-edge technology expertise, the joint venture is poised to set new benchmarks in the data industry,” the statement said.
The initiative also aligns with Malaysia’s digital transformation goals by providing scalable, high-capacity connectivity solutions that benefit industries ranging from cloud computing and artificial intelligence (AI) to the Internet of Things (IoT) and 5G.
"This joint effort will also reduce duplication of infrastructure, lower costs for service providers, and ensure a more sustainable and inclusive approach to technology development,” the companies said.
Managing director of YTL Communications and YTL Power Datuk Seri Yeoh Seok Hong said with Johor being the major hub for data centres, the joint venture will invest in and build the fibre backbone necessary to bring the new digital economy to fruition, driving exponential growth and deployment of digital services and leading-edge technology.
"We are excited to partner with BA Group to bring reliable, high-speed connectivity from Johor to every corner of the nation and across the globe,” he added. - Bernama
