Maxis partners Ideal Property to provide fibre connectivity to residential and commercial projects

Maxis IPG MoU Signing

Maxis has partnered with Ideal Property Group, a market-leading property developer in Penang, to bring fibre connectivity to homes and businesses. With this partnership, Maxis is leveraging its own fibre build to deliver a superior internet experience and attractive fibre propositions to mixed developments in Penang Island and Butterworth.

As part of the agreement, Maxis will design, supply, and install the telecommunications infrastructure for fixed services in 12 commercial and residential projects comprising 12,000 business premises and homes. The partnership represents Maxis’ on-going collaboration with property developers in the country in providing high speed broadband and connectivity solutions.

“As a leading converged connectivity provider, Maxis is pleased to partner with Ideal Property Group. Through our own fibre network, capabilities and attractive propositions, there are immense possibilities for digital services for more homes and businesses,” said Claire Featherstone, Acting Chief Enterprise Business Officer, Maxis.

“Connectivity today has become such an essential part of our lives and work, and we are committed to developing more connected homes and townships to meet the digital lifestyles of our customers. Maxis’ capabilities in network infrastructure and services will certainly add value to our townships and the partnership is an important step towards realising our vision of becoming a world-class property developer,” said Tan Sri Datuk Alex Ooi Kee Liang, Executive Chairman, Ideal Property Group.

Penang Technology Park@Bertam and Penang International Exchange 1 & 2 are among the commercial developments where Maxis will be one of the main connectivity providers under the agreement. The former is slated to bring in potential investors for industries such as semiconductors, medical devices, aerospace and others.

Maxis has been seeing good traction of its fibre propositions and consistent growth of fibre connections. quarter on quarter. As at FY2022, it has 669k home connections, and has further expanded its broadband access connectivity through wider deployment to underserved areas. Maxis also builds fibre networks for enterprises and offers a wide range of business fibre connectivity solutions for a truly converged experience. Through its fiberisation plans, Maxis will also enable future possibilities for smart solutions applications across various industries.

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