KUALA LUMPUR (Oct 7): Telekom Malaysia Bhd, Maxis Bhd, Time dotCom Bhd and Celcom Axiata Bhd have agreed to reduce the prices of fixed broadband access by between 34% and 56%.

According to a statement by the Malaysian Communications and Multimedia Commission today, the four telecommunications companies (telcos) have reduced prices of fixed broadband, with packages starting from below RM100.

Some of the telcos have also rolled out packages which have seen prices being lowered with increased speeds.

Celcom has the biggest price drop of 56% for its 40 megabits per second (Mbps) initial package, from RM180 before the Mandatory Standard on Access Pricing (MSAP) to RM80 now.

TM has slashed the price of its 30Mbps package by 43%, from RM139 to RM79.

Maxis has a 36% price drop for its 30Mbps package, from RM139 to RM89, while Time's 100Mbps package is now 34% lower at RM99, from RM149.

Based on the MSAP, the telcos were required to submit to MCMC their access agreements by Aug 31 and the deadline was extended to Sept 30 because of the implementation of the Sales and Services Tax on Sept 1 which had an impact on the pricing of broadband.