TM eyes McKinsey to meet HSBB target
KUALA LUMPUR, Jan 4 — Telekom Malaysia Berhad (TM) is mulling to give a RM20 million project to McKinsey & Co to ensure its RM11 billion high-speed broadband (HSBB) is on time to meet the 50 per cent broadband penetration target this year.
The telecoms utility’s board is due to meet tomorrow to decide on the consultancy’s terms as it races to meet its deadline set recently by Information, Communication and Culture Minister Datuk Seri Rais Yatim. It is understood the current broadband penetration rate is now at 32 per cent.
“The board will meet tomorrow whether to award McKinsey the contract to make sure we meet this year’s target. It is a bit silly as we have the real targets to achieve,” a company source told The Malaysian Insider.
It is learnt that associates from McKinsey’s US headquarters have promised expertise from Telefonica, the Spanish multinational telecommunications giant, to help TM meet the targets, which now also include mobile broadband. Read more…


