KUALA LUMPUR (April 20): Telekom Malaysia Bhd's (TM) wholesale domestic and international business arm, TM Wholesale, has inked a memorandum of understanding with Telin, a subsidiary of PT Telkom Indonesia, to jointly explore opportunities in subsea cable business arrangements.

TM Wholesale executive vice-president Amar Huzaimi Md Deris said the partnership would allow both parties to gain immediate submarine capacity in response to the growing demand for high bandwidth services.

"It also gives us more diverse connections and alternative routes connecting Malaysia to the rest of the world, while optimising our existing submarine capacity.

"Additionally, it will enable us to begin exploring the most cost-effective approach for future submarine cable investment projects that will benefit both parties and this region," he said in a joint statement on Wednesday.

Meanwhile, Telin chief executive officer Budi Satria Dharma Purba said the company is thrilled to jointly explore opportunities in buying, selling, upgrading, and investing activities, especially with regard to subsea cables.

"Telin's participation in global connectivity focuses on ensuring reliable connectivity in order to meet surging demand for fast internet due to trends such as flexible working arrangements, video streaming, and gaming.

"We believe that this collaboration will serve our stakeholders' needs accordingly," he said.

Currently, TM has 30 submarine cable systems, owned and leased, spanning more than 320,000 kilometres around the globe.

Telin, meanwhile, has 22 submarine cable systems, owned and leased, with over 222,260 kilometres.