State-owned Telekom Malaysia may lose its fixed-line monopoly as regulators consider opening its network to rivals to improve liberalise the sector and speed up the development of broadband services, a report said today.

The Malaysian Communications and Multimedia Commission (MCMC) wants Telekom to let other operators rent access to its monopoly on wired connections to homes and offices, the New Straits Times said.

The MCMC prefers Telekom to do this voluntarily but may resort to legislation if that does not happen, the newspaper said.