Industry
news
Wire & Cable ASIA – January/February 2012
10
Packet One Networks (Malaysia)
Sdn Bhd (P1) plans to offer its
customers high speed broadband
(HSBB) services via fibre optics in the
first quarter of 2012.
The move follows the signing of a
partnership between P1 and Telekom
Malaysia Bhd (TM) to accelerate the
delivery of HSBB services.
At a press conference, P1’s chief
executive officer Michael Lai said the
company expected the HSBB
services roll-out to “contribute
positively to the bottom line.”
He added: “There will be a higher
revenue per user (RPU) as the HSBB is
a high demand market segment.” Mr
Lai said P1 will leverage on TM’s HSBB
network in rolling out its services.
The could include Internet Protocol
Television (IPTV), video-on-demand
and other rich multimedia services.
Under the agreement, TM’s group
chief executive officer Datuk Seri
Zamzamzairani Mohd Isa said TM will
be providing the HSBB access and
transmission services to P1.
He said the partnership reiterated TM’s
commitment to boost the HSBB
eco-system locally by getting service
providers to come on board and
roll-out their differentiated value-added
services directly to consumers.
“TM’s partnership with P1 not only
reflects TM’s intent to work with the
industry but further strengthen our
position as a neutral wholesale
service provider,” Zamzamzairani
said.
TM has already rolled out the HSBB
service to over 1.044 million premises
in 77 exchange areas nationwide. It is
on track to meet the targeted 1.3
million premises passed by end of the
year.
Packet One Networks – Malaysia
:
info@p1.com.myWebsite
:
www.p1.com.mySaudi International Petrochemical Company (Sipchem)
and Hanwha Chemical Corporation have announced that
their affiliate, Gulf Advanced Cable Insulation Company,
has awarded the engineering design, procurement and
construction (LSTK) contract for its wire and cable
polymers compounding plant to POSCO Engineering Co,
South Korea.
The new plant will produce power cable insulation
materials at Sipchem’s site in Jubail Industrial City, and is
part of Sipchem’s third phase expansion downstream
programme.
Gulf Advanced Cable Insulation Company will be owned
50% by Sipchem and 50% by Hanwha Chemical of
South Korea, and is expected to commence operation in
the third quarter of 2013. The major feedstock for the
plant will be sourced from the International Polymers
Company, a Sipchem affiliate.
Eng Abdulrahman A Al-Saif, Sipchem’s president of project
and services, declared that the award of the contract is an
important step in Sipchem’s expansion and development
programme, affirming the capabilities of the company’s
management and its continued endeavours to acquire the
best possible technical and financial offers for this project.
He also added that the power cables insulation materials
have a wide usage in the region.
Hanwha Chemical stated that this step is one of the
important milestones of the
project which would create
great synergy with Hanwha’s
existing wire and cable
compounding business and
also represents Hanwha’s
strong commitment to the
Middle East region as an
essential
part
of
its
globalisation process.
Saudi International
Petrochemical
Company – Saudi Arabia
Fax
: +966 012 037 738
:
info@sipchem.comWebsite
:
www.sipchem.comHigh speed broadband
online via fibre optics
Polymer compounding plant
is a step nearer