Jalur Lebar Nasional Sdn Bhd (Jalenas), an open network infrastructure provider in Malaysia, signed a memorandum of understanding with Metroverse Sdn Bhd that will see it investing RM 850million over five years on high-speed broadband (HSBB) infrastructure using Swedish broadband technology distributed by Metroverse.
Metroverse is the local partner and sole distributor for Swedish broadband management systems provider PacketFront AB , which developed the core component used by Jalenas in its networks.
Jalenas finance director Razi Alwi said last week that the amount would be spent on equipment for the nationwide rollout of its network.
Speaking at the signing ceremony, he said the RM850mil was part of the company’s total RM 7bil planned capital expenditure for five years starting in 2011.
Jalenas aims to cover 2.5 million homes across major cities with its fibre optic network by 2015.
Jalenas is an open network infrastructure provider whose business model is to build and operate an open network, which would be leased out to end-user service providers. The company has full network facilities provider and network service provider licences.
