TIME dotCom Berhad, traded as TIME dotCom or simply TIME, is a prominent Malaysian telecommunications company. It specializes in providing domestic and international connectivity, data center services, cloud solutions, and managed services. With a strong focus on technology and infrastructure, TIME dotCom has become a key player in the telecommunications industry in Malaysia, offering services to a wide range of customers, including individuals, small and medium-sized enterprises, and large corporations.
Time History
Time Launch
TIME dotCom Berhad was established on October 25, 1996, initially as TIME Telecommunications Sdn. Bhd., and later as TT dotCom, a subsidiary of TIME Engineering Berhad, owned by Dato' Zaidan Hj. Othman.
In 1998, the company was renamed TIME dotCom Berhad. In May 2000, Khazanah Nasional acquired a 30 percent equity stake in TIME dotCom Berhad for investors . A year later, in 2001, the company was listed on the Kuala Lumpur Stock Exchange (now Bursa Malaysia) .
Time Expansion
In 2006, TIME dotCom secured a bid for the third-generation (3G) spectrum from the Malaysian Communications and Multimedia Commission (MCMC) in March, aiming to launch 3G broadband services by the end of that year. The company collaborated with MCMC to launch the National Universal Service Provision (PPS) project, marking the implementation of the first phase of the project in Sabah .
Time Recovery
TIME dotCom began its recovery strategy in late 2008 by selling its public phone business under its subsidiary, TIME Reach, to the prepaid fixed-line phone company Paycomm for RM8.3 million .
Time Growth
In February 2010, TIME dotCom introduced Time Fibre Broadband, the country's first high-speed internet access service, capable of reaching speeds of up to 50 megabits per second (Mbps). In 2011, the company's minority shareholders approved the proposed acquisition of four regional telecommunications players valued at over RM322 million. This acquisition was aimed at positioning TIME dotCom as a leading regional telecommunications player in the future .
What is Time Relationship with the Government of Malaysia?
TIME dotCom Berhad have a collaborative relationship with the Malaysian government. Here's how we can see this:
National Infrastructure Projects
In 2006, TIME dotCom secured a bid for the 3G spectrum and collaborated with the Malaysian Communications and Multimedia Commission (MCMC) to launch the National Universal Service Provision (PPS) project. This indicates cooperation with the government on expanding internet access in Malaysia.
Government Investment
Khazanah Nasional Berhad is the sovereign wealth fund of the Government of Malaysia, acquired a stake in TIME dotCom in 2000. This would suggest some level of government involvement or interest in the company's success.
What are the technologies used by Time?
Here are the key technologies That Time utilizes:
Fiber-Optic Technology
Their flagship service, Time Fibre Broadband, highlights their use of fiber-optic cables for high-speed internet access. Fiber offers significant advantages over traditional copper cables in terms of speed, reliability, and data capacity.
3G Technology
In 2006, TIME dotCom secured a bid for the 3G spectrum. While they might not offer direct 3G mobile plans to consumers, this spectrum could be used for other services or to support backhaul infrastructure for their internet offerings.
Data Center and Cloud Technologies
As a provider of data center, cloud, and managed service solutions, TIME dotCom likely utilizes various data center technologies for storage, processing, and network infrastructure. This could include virtualization software, cloud platforms, and data security solutions.
Time Vision and Mission
Based on their history and services offered, here's the mission and vision for TIME dotCom Berhad:
Time's Vision
To be a leading telecommunications provider in Malaysia, recognized for its advanced technology, exceptional customer service, and commitment to bridging the digital divide.
Time's Mission
To deliver high-speed, reliable internet access and innovative telecommunication solutions to empower businesses and homes in Malaysia.
Time's Values
TIME dotCom Berhad values based on their website and history:
- Innovation: Their introduction of Time Fibre Broadband, the first high-speed internet service in the country, suggests a commitment to bringing innovative solutions to the market.
- Customer Focus: Their emphasis on service excellence and high-speed, reliable connections indicates they value customer satisfaction. Their website also mentions a commitment to "transparency" which aligns with good customer service.
- Growth and Expansion: Their acquisitions of regional players and involvement in national projects highlight a focus on growth and expanding their reach.
- Sustainability: Their website mentions a commitment to Environmental, Economic and Social (EES) matters, suggesting they value sustainability in their operations.
Time's Organization
Time's Leadership
Time's leadership team consists of a Chief Executive Officer (CEO), Afzal Abdul Rahim, and several Non-Independent Non-Executive Directors. The Non-Independent Non-Executive Directors include Elakumari Kantilal, Mark Guy Dioguardi, Datuk Azailiza Mohd Ahad, Anthony Low Kim Fui, Kuan Li Li, Dr. Mohd Shahreen Zainooren Madros, and Patrick Corso.
Time Organizational Structure
Time's divisions based on their areas of focus are:
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Executive Leadership: The Leadership Team page showcases the CEO and several Non-Independent Non-Executive Directors. These are the postions in the top-level leadership team responsible for setting the company's overall direction and strategy.
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Functional Departments: Time have various functional departments responsible for specific areas of operation. These include departments for:
- Sales and Marketing: Generating leads, acquiring new customers, and promoting Time's services.
- Network Operations: Maintaining and managing the physical network infrastructure, ensuring service uptime and performance.
- Customer Service: Providing support to existing customers, handling inquiries, and resolving issues.
- Finance and Accounting: Managing the company's financial resources, budgeting, and reporting.
- Human Resources: Recruiting, hiring, and training employees, managing payroll and benefits.
- Technology and Innovation: Developing and implementing new technologies to improve services or expand offerings.
Time's Market Position
Here's what we can glean about TIME dotCom Berhad's market position:
Time is a Strong Regional Player
TIME dotCom is a prominent player in the Malaysian telecommunications market, particularly focusing on high-speed internet access through its Time Fibre service. Their acquisitions of regional players indicate a strategy to expand their reach and potentially become a leading regional provider.
Time Focus on Technology and Innovation
Their flagship service, Time Fibre Broadband, utilizes fiber-optic technology, which positions them as a provider of advanced and reliable internet solutions. They might leverage their 3G spectrum for additional services or infrastructure, demonstrating a commitment to staying current with evolving technologies.
Time's Competitive Landscape
Malaysia's telecommunications market is competitive, with major players like Maxis and Unifi offering similar services. The information we found about earnings here suggests that TIME dotCom might underperform compared to the industry average or the broader market in some periods. This could indicate challenges in securing market share.
Time's Potential Advantages
Their focus on fiber optic technology offers a potential edge over competitors who might rely on older technologies like ADSL. Their involvement in national infrastructure projects suggests a collaborative relationship with the government, which could benefit them in terms of securing licenses or permits.
Overall, TIME dotComis a well-established player in the Malaysian telecommunications market, focusing on high-speed internet and technological innovation. However, they face competition from other major providers. Their future market position might depend on their ability to expand their reach, attract new customers, and maintain a competitive edge through technology and service offerings.
Time's Annual Report
Time publishes an Integrated Annual Report (IAR) that provides a comprehensive overview of their performance for the year. Here's how to access it:
- Time's Website: Visit the Time Investor Relations section: Time Investor Relations.
Time Shares: Time on the Bursa Malaysia
TIME dotCom Berhad is a publically traded company listed on the Bursa Malaysia stock exchange under the stock code 5031. Here's a breakdown of key information:
- Company: Time dotCom Berhad (TIMECOM)
- Stock Exchange: Bursa Malaysia
- Stock Code: 5031
Time Coporate Social Responsibility
Below are some of the past CSR activities of TIME dotCom Berhad:
- Focus on Education: In the past, TIME dotCom Berhad's CSR efforts placed emphasis on education and developing human capital. They supported government policies aimed at boosting knowledge and innovation nationwide. There was also a focus on bridging the digital divide between rural and urban areas.
- TIME Golf Charity Tournament: One example of their past CSR activities was the TIME Golf Charity Tournament in 2006. This event raised funds to help underprivileged children continue their education.
- Community Engagement: TIME dotCom Berhad has been involved in various community engagement activities, such as supporting local charities and initiatives. They have also been involved in environmental conservation efforts.
Time Sustainaibility Initiatives
TIME dotCom Berhad has a commitment to sustainability and environmental responsibility. Here are some of their sustainability initiatives:
- Environmental Management: TIME dotCom Berhad has implemented environmental management systems to reduce their impact on the environment. This includes measures to conserve energy, reduce waste, and minimize pollution.
- Green Technology: The company has invested in green technology solutions to improve energy efficiency and reduce their carbon footprint. This includes using renewable energy sources and implementing energy-saving practices.
- Community Engagement: TIME dotCom Berhad engages with local communities to promote environmental awareness and conservation. They support initiatives that aim to protect natural resources and preserve biodiversity.
Time Awards and Recognition
TIME dotCom Berhad has received several awards and recognition for its services and contributions to the telecommunications industry. Some of the notable awards include:
- Frost & Sullivan Malaysia Excellence Awards: TIME dotCom Berhad has been recognized by Frost & Sullivan for its excellence in the telecommunications industry. The company has received awards for its innovative services and commitment to customer satisfaction.
- Malaysia's Most Valuable Brands: TIME dotCom Berhad has been listed among Malaysia's most valuable brands, reflecting its strong market presence and brand reputation.
- Industry Leadership Awards: TIME dotCom Berhad has been honored with industry leadership awards for its contributions to the telecommunications sector. The company's commitment to technology and innovation has been acknowledged by industry experts.
Time's Future Outlook
Based on their history and current market position, here are some potential growth areas for TIME dotCom Berhad:
- Expansion of Fiber Services: TIME dotCom Berhad could focus on expanding its fiber-optic services to reach more customers and offer higher speeds. This could help them attract new subscribers and retain existing ones.
- Investment in 5G Technology: With the rise of 5G technology, TIME dotCom Berhad could explore opportunities to invest in 5G infrastructure and services. This could position them as a leader in the next generation of mobile connectivity.
- Partnerships and Collaborations: TIME dotCom Berhad could seek partnerships with other companies or government agencies to expand their reach and offer new services. Collaborations in areas like smart cities or IoT could open up new revenue streams.
- Focus on Sustainability: Given their commitment to sustainability, TIME dotCom Berhad could continue to invest in green technology solutions and environmental initiatives. This could help them differentiate themselves in the market and attract environmentally conscious customers.
Overall, TIME dotCom Berhad has a strong foundation in the Malaysian telecommunications market and a focus on technology and innovation. By capitalizing on these strengths and exploring new growth opportunities, the company could continue to thrive and expand its market presence in the future.