Media & Events

MCMC: Converged Platforms Of Communications And Multimedia Will Generate New Economic Opportunities In A Borderless World

11 Sep 2014
KUALA LUMPUR, September 11, 2014 --- The Industry Performance Report for 2013 was published by MCMC today. The communications and multimedia (C&M) industry performed respectably, recording a 4.5% growth in revenue to RM53.4 billion from RM51.1 billion in 2012. This steady performance of the C&M industry was contributed mainly by telecommunications with nearly 85% revenue share, broadcasting 11% and the remaining from the postal sector and others.

In terms of market capitalisation, the C&M industry performed moderately based on market capitalisation in Bursa Malaysia with a 2.3% growth to RM195.3 billion in 2013. This represents 11.5% of total market capitalisation of RM1,702.2 billion.

According to MCMC Chairman, Dato’ Mohamed Sharil Tarmizi, MCMC has been focusing in getting people connected with broadband services over the last few years. This is reflected in the 20.3 million broadband subscribers recorded for 2013; of which 88.7% are on mobile broadband i.e. 3G, and the remaining are on fixed.

With the service providers committed to provide wider coverage of wireless broadband services through 4G LTE rollout in 2013 and to reach 50% population coverage by 2017, the mobility aspect is ready to make traditional Internet usage even more ubiquitous. For example, online shopping can reach a bigger number of customers and transactions like billing and payment can be enabled in real time, online.

Higher speed internet connection will enable the usage of Information and Communications Technology (ICT) to be further intensified in many areas of business. This will ensure savings on time and operational costs thereby increasing business efficiency. Additionally, the aspect of being ‘connected’ can provide valuable information for business decision-making through availability of dashboards or enable Big Data analytics of customer behaviour to obtain relevant information to enhance a business’s agility to respond to changes in the marketplace.

Such converging platforms provide more avenues for diverse range of products and service offerings which are easily available and are becoming more affordable as a result of digitalisation. Applications and services such as, data centre services, connected healthcare, authentication services and e-Commerce services along with improved postal and courier networks are increasingly in demand.

Content services incorporating video in many aspects of usage such as online education, workforce collaboration, mobile advertising, social networking aside from online entertainment provide enhanced user engagement and increased competitiveness, but also tests telecommunication network capacities.

“In 2014 and beyond, Malaysia is expected to continue to ride on the telecommunications infrastructure built over the last 10 years. We need to accelerate and build more to catch up in order to progress towards a productive digital lifestyle in Malaysia,” said Dato’ Sharil. 

Moving forward, it is envisaged that the infrastructure and coverage made ready by the C&M industry will be leveraged by other sectors towards improving productivity and value creation, with more innovation and creativity. “MCMC has a key role to help steward Malaysia as a focal point for C&M information and content services. It is timely that MCMC, KKMM and Finas is organising an inaugural KL Converge, from 17 to 19 September to provide a platform for experts, users, developers, producers and entrepreneurs to come together to forge partnerships and expand our content and creative industry’s footprint internationally,” added Dato’ Sharil.


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