Wednesday, June 19, 2013

REDtone launches dedicated broadband service for SMEs

PETALING JAYA (June 18, 2013): Data and broadband service provider REDtone International Bhd has launched a dedicated business broadband service designed specifically for small and medium enterprises (SMEs).

Source from (The Sun Daily): http://www.thesundaily.my/news/744769
Published: Jun 19, 2013

Dubbed "REDtone Fibre+", the new service comes in four plans with the monthly subscription fee starting from RM199 for 5 Mbps, RM499 for 10 Mbps, RM799 for 20 Mbps and the fastest speed of 30 Mbps at RM999.

The ACE Market-listed company is also offering a new value-add service, Google Apps, to provide businesses an extra edge in areas of efficiency, productivity and speed while reducing information technology cost.

"The launch of REDtone Fibre+ underscores the importance of the SME segment to REDtone. Currently, SMEs make up about 70% of the company's total customer base," said REDtone in a statement yesterday.

"While REDtone already has a strong grip on the country's SME sector, we believe that there are still good growth opportunities and sees REDtone Fibre+ as one way of helping the company to get a larger slice of the pie," it added.

REDtone group CEO Lau Bik Soon said as REDtone Fibre+ rides on TM's nationwide high speed broadband (HSBB) network, it will enable REDtone to reach out to more SMEs, and the new service will also complement the company's current data offerings for the SME sector.

"All these are a part of continuous efforts to strengthen REDtone's data business. The data segment has been driving the group's turnover and profit, and currently contributes close to 50% just like our voice business to the total revenue.

"We expect our data business to contribute 50% to the group's profit by the end of this financial year 2013," he said.

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