Malaysia Fixed Communications Market Forecast: Revenue to Reach $2.1 Bn by 2030 as Fiber Broadband Drives Growth

Why It Matters

The shift to fiber underpins Malaysia’s digital economy, enabling higher‑value services like cloud computing and streaming. Sustained operator investment and government support ensure the telecom sector remains a growth engine for the broader economy.

Key Takeaways

• Fixed telecom revenue to hit $2.1bn by 2030.
• Fiber broadband drives 4% CAGR, 97% connections by 2025.
• Fixed voice growth stalls at 0.7% CAGR.
• Operators invest >RM1bn annually in fiber expansion.
• JENDELA program lifts coverage to 99.7%, 9.8M premises.

Pulse Analysis

The fixed‑line segment in Malaysia is entering a decade of accelerated expansion, with GlobalData forecasting total industry revenue of $2.1 billion by 2030, up from $1.7 billion in 2025. This 4 % compound annual growth rate is anchored in the near‑ubiquitous rollout of fiber‑to‑the‑home (FTTH) and fiber‑to‑the‑building (FTTB) networks, which now represent more than 97 % of all fixed broadband connections. Fiber’s superior capacity and higher average revenue per user are displacing legacy DSL and copper lines, positioning broadband as the primary profit driver while the fixed‑voice segment languishes at a 0.7 % CAGR.

Telecom operators are matching demand with hefty capital expenditures. CelcomDigi, fresh from its merger, reported 285,000 fiber subscribers and a 40.2 % surge in home‑service revenue, backed by RM1.6 billion of 2025 capex. Maxis crossed the RM1 billion revenue threshold in its consumer home segment, supported by 799,000 fiber users and a similar scale of network investment. Telekom Malaysia, the market leader, continues to allocate roughly 15 % of its revenue to expand the national fiber backbone and data‑center assets, reinforcing its dominance in both broadband and voice services.

Government initiatives amplify private spending. The JENDELA programme has pushed internet coverage in populated areas to 99.71 % and extended fiber reach to 9.81 million premises, narrowing the urban‑rural digital gap. By delivering high‑speed connectivity, these policies lay the groundwork for enterprise digital transformation, cloud adoption, and the growth of bandwidth‑intensive applications such as remote work platforms and streaming services. As Malaysia’s economy leans increasingly on a digital foundation, the continued expansion of fiber infrastructure will be a decisive factor in sustaining long‑term competitiveness and attracting foreign investment.