Bullish Aim telco towers sprouting fast

New Straits Times 22 Dec 2016 AHMAD FAIRUZ OTHMAN

JOHOR BARU: Telecommunication infrastructure company Bullish Aim Sdn Bhd has made great strides with the construction of 20 telecommunication towers this year, with another 30 towers earmarked for completion in the first half of next year. The provider of wireless and fibre optic infrastructure, which was set up six years ago, aims to become the largest and most recognised Malaysian telecommunication infrastructure specialist.

“The company has set sights on accumulating a gross profit of RM100 million in the next five years before it goes for an initial public offering,” said Bullish Aim chief executive officer Datuk Lion Peh. “For governments, non-governmental organisations and businesses, a successful technology strategy is no longer just nice to have. It is imperative. With the proliferation of consumer technology, the telecommunication industry will only continue to grow at a rapid pace and Bullish Aim is poised to capitalise on this.

“With plans in fibre and wireless among key infrastructure developments in Bullish Aim, the company expects to achieve an accumulated gross profit of RM100 million within five years and go public,” added Peh. He said the company, which also specialises in underground telecommunication utilities, was overseeing the construction of a total 50 telecommunication towers until the middle of next year. “We have made great strides in the wireless and fibre optic telecommunication industry as well as underground utility management with 20 telecommunication towers due for completion by the end of this year and another 30 earmarked for completion by the end of 2017,” said Peh. The company builds telecommunication towers for various clients, including telecommunication companies that rent the infrastructure that Bullish Aim develops. The Johor-based company provides infrastructure for 4G and other ranges of network coverage.

Last Tuesday, Tunku Mahkota Johor Tunku Ismail Sultan Ibrahim, who is Bullish Aim’s chairman, officially opened the company’s new office in Gelang Patah. Also present were Johor Housing and Local Government Committee chairman Datuk Abd Latif Bandi, Johor Land and Mines director Azmi Rohani, Johor Baru Mayor YBhg. Tuan Haji A. Rahim Bin Haji Nin and Malaysian Communications and Multimedia Commission adviser for content Norman H’ng. Peh said it was Bullish Aim’s corporate mission to improve the quality of life of the people of Johor through better network infrastructure for today’s digital era. He said it wanted to drive growth and transformation of Johor to become a knowledgebased economy.