KUALA LUMPUR: Telecommunication service providers may soon have to review their wholesale prices for the facilities and services that are currently regulated by the Malaysian Communications and Multimedia Commission (MCMC).
This price review is a result of MCMC’s detailed study on telcos’ cost of providing telecommunications services and is an important effort to create a level playing field among service providers in the industry.“We believe this review is timely as it is expected to lower prices for consumers in the long term and contribute towards higher broadband penetration in Malaysia,” said MCMC Chairman Datuk Mohamed Sharil Tarmizi in a statement.
A public inquiry paper titled “Review of Access Pricing” which outlines MCMC’s preliminary findings has been released.
It sets out the regulatory principles adopted by MCMC, proposed wholesale prices and MCMC’s preliminary views on whether to regulate the prices. “Throughout the course of the study, MCMC adopted a transparent approach and interacted with service providers to ensure the prices proposed are fair. “By end of this year, we will make a final decision on which facilities and services to regulate and their final prices after careful consideration of all feedback from this inquiry,” he added.