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Wednesday, May 25, 2011

Broadban Push the ASEAN Economic Growth

Mona Mourshed - World Economic Forum on the Mi...

Development of broadband infrastructure network for information communication and telecommunication (ICT) will be assessed quickly to encourage economic development and social sectors in the ASEAN region.

"Various studies prove, not economically broadband service is limited to tax revenues for the state, but also capable of stimulating economic growth," said President Director of XL Axiata Page Husnul Suhaimi here on Monday.

Citing McKinsey, Husnul said every 10 percent increase in broadband penetration will increase the GDP of a country of about 0.6-0.7 percent.

"Every increase of 10 percent broadband penetration will also increase worker productivity by 1.5 percent in five years," he said.

In front of a seminar titled "Reinventing ASEAN? s Potential: with permission from the New Opportunities" - Axiata 8th ASEAN Leadership Forum, he said that the availability of broadband services will facilitate the connectivity of ASEAN.

"Broadband can overcome the obstacles of transportation to remote areas in the realization of development in rural areas," said Hasnul.

For that Hasnul stressed the need for synergy antarpelaku telecommunications industry and government support in implementing the service useful, inter alia cooperation "network sharing" such as towers, backhaul, and fixed networks to minimize costs.

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