Time dotCom Bhd

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Last updated: 4 Nov 2002 Update History

Report Status: Archived

Report Pages: 8

Analyst: Peter Evans

Synopsis

This profile was archived in January 2007 and was last updated in November 2002. Listed on the Kuala Lumpur Stock Exchange, Time dotCom (Time) was originally controlled by the United Engineers-M (UEM) conglomerate. Burdened by debts, UEM was taken over by the government in 1991. Time was the second largest fixed-line company in Malaysia, operating an advanced national fibre optic network. It provided public payphones throughout the country and ISP services, including dial-up and broadband access, and Internet content. Time was one of five bidders for the country’s 3G licences issued in July 2002. The company’s application was unsuccessful, and in September 2002, Time signed an agreement with Maxis Communications to sell its mobile unit TimeCel.

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