Joint venture paves way for DST to expand into overseas market

DST International Sdn Bhd (DSTI) and Sacofa Sdn Bhd signed a Joint Venture Agreement (JVA) to form a strategic collaboration to bring international broadband quality to Sarawak resulting in the establishment of Data Stream Sacofa Telecommunications Alliance (DSTA).

The ceremony was witnessed by Minister of Transport and Infocommunications Dato Seri Setia Awang Abdul Mutalib bin Pehin Orang Kaya Seri Setia Dato Paduka Haji Mohammad Yusof and Chief Minister of Sarawak Datuk Patinggi (Dr) Abang Haji Abdul Rahman Zohari bin Tun Datuk Abang Haji Openg.

Representing DSTI was DST Acting CEO Radin Sufri bin Radin Basiuni, while Sacofa was represented by Managing Director Mohamed Zaid Zaini.

Also present were the Consul General of Brunei Darussalam to Sarawak Pengiran Hajah Kartini binti Pengiran Haji Tahir and senior officials from the Ministry of Transport and Infocommunications.

DSTA’s business objectives include the acquisition, management, maintenance or provision of network facilities, network service, applications service, and content applications service.

The exchange of documents between Acting CEO of DST Radin Sufri bin Radin Basiuni, and Managing Director of Sacofa Mohamed Zaid Zaini marking the partnership, witnessed by Minister of Transport and Infocommunications Dato Seri Setia Awang Abdul Mutalib bin Pehin Orang Kaya Seri Setia Dato Paduka Haji Mohd Yusof

The Minister of Transport and Infocommunications with Sarawak Chief Minister Datuk Patinggi (Dr) Abang Haji Abdul Rahman Zohari bin Tun Abang Haji Openg (C) in a group photo at the IDECS 2019 Conference

The new development is expected to further boost the rollout of affordable high-speed broadband to Sarawak.

DSTI will contribute its expertise and experience to the roll out of broadband services to the market.

Radin Sufri said, “DST is pleased to enter into Sarawak with the value it brings, not only to Sacofa as its joint venture partner but also extends to Sarawak, as a potential RSP (Retail Service Provider) player.

“We look forward to working together with Sacofa in realising the key objectives of our collaboration, that is to provide high quality and affordable broadband services in Sarawak.

“DSTA is also a platform for DST’s first market expansion outside Brunei and we are excited to have built on our existing cordial bilateral relationship with Sacofa, as our platform for expansion.

“We hope this partnership can continue to enhance the good bilateral relationship between Brunei Darussalam and Sarawak,” he said.

Mohamed Zaid Zaini said, “We are pleased with this collaboration with DST which reflects the good bilateral relations between Sarawak and Brunei Darussalam.

“We greatly hope this joint venture with DST further fulfils the agenda of Sarawak-Brunei Darussalam Bilateral Cooperation Committee which we are a part of.

“We salute DST for making the bold move to enter the Sarawak market via DSTA. This collaboration draws on the strengths of Sacofa as an infrastructure provider and DST as a highly reputable RSP.

“By combining our complementing skillsets and experience, we are confident of good synergy to achieve our objectives which will ultimately benefit Sarawak.

“When we launched our proprietary FTTx solution Sacofa Open Fibre Infra Access (SOFIA) last year, we focussed on ‘openness’ to allow RSPs to enter the Sarawak market using our turnkey platform. This open concept is in line with our corporate mission to promote sharing of facilities.

Separately, Minister of Transport and Infocommunications also attended the IDECS 2019 Conference held from July 8–9.

The two-day conference was one of the platforms organised for various stakeholders to discuss initiatives and programmes related to the digital economy.

The event saw international experts speaking on Digital Government: Data Centric Government, Manufacturing Industry 4.0, Smart Cities, Tourism: Digital Heritage, Agriculture Smart Farming and E-Commerce, as well as Service Ecosystem.

The Minister of Transport and Infocommunications also held a goodwill meeting with the Sarawak Chief Minister. Also present during the meeting was the Consul General of Brunei Darussalam to Sarawak.

Azlan Othman

BORNEO BULLETIN