Universal Service Fund and Malaysia


Posted on February 1, 2010  /  1 Comments

The USF is collected at 6% in Malaysia and the government is now sitting on MYR 5 billion ($1.5 billion) cash. The government has planned to boost internet penetration to 50% by the end of 2010 from the current rate of 31.4% out of the USF.  Journalist B.K. Sidhu suggests “Making effective use” of the USF.

An anonymous source also told her, “Money is like honey and last thing we want to see is it being used for other activities than for telecoms infrastructure for rural areas, and some parties getting access to the funds and not delivering. We worry as we are contributors to the fund.”

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