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Reach Ten expands Starlink rollout to offshore sites, rural schools

The Star·11/26/2025 09:46:00
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KUALA LUMPUR: Reach Ten Holdings Bhd has expanded its service portfolio with the deployment of Starlink connectivity across the maritime and oil and gas sector, cellular tower infrastructure and underserved schools.

The move marks a significant milestone in extending high-speed internet access to areas where fibre networks remain limited or unavailable.

In a statement, the Sarawak-based telecommunications provider said it has begun supplying Starlink services to 10 vessels and offshore platforms, delivering high-speed, low-latency broadband to enhance operations and crew welfare.

In the education sector, Reach Ten has deployed Starlink to 337 schools in Sarawak and 12 in Sabah, supplementing the 208 Sarawak schools already supported via 4G. The initiative aims to improve access to online learning and digital tools in remote communities.

Managing director Leo Chin said the deployments represented a major step forward in closing critical connectivity gaps.

“Starlink allows us to bring reliable, high-speed internet to places where traditional infrastructure simply cannot reach. Whether supporting offshore crews, strengthening network resilience or enabling digital learning in rural schools, this technology is transforming what’s possible in frontier areas,” he said.

In the third quarter ended Sept 30, Reach Ten posted a net profit of RM9.25mil, reflecting a healthy net margin of 34.1%. Revenue came in at RM27.10mil, driven by stronger contributions from its fibre optic and satellite communication segments, while gross profit stood at RM13.71mil, translating into a GP margin of 50.6%.

Reach Ten said satellite-based services remained the main contributor to quarterly revenue at RM17.11mil, followed by RM7.71mil from fibre services and RM2.27mil from telecommunications infrastructure and managed services. Sarawak continued to be the group’s largest revenue base.

The group’s balance sheet remained strong at the end of the quarter, backed by RM151.41mil in cash and cash equivalents, including fixed and short-term deposits. Its net assets per share stood at RM0.22, while borrowings were low at RM2.64mil.

The board declared a second interim dividend of one sen per share, amounting to RM10mil for the financial year ending Dec 31, 2025. The dividend will be paid on Jan 15, 2026, with the entitlement date set for Dec 30, 2025.