Axiata Group Berhad (“Axiata”) wishes to announce that its wholly owned subsidiary, Celcom Axiata Berhad (“Celcom”) and Celcom Mobile Sdn Bhd, a wholly owned subsidiary of Celcom had on 1 February 2016 received the notices of spectrum reallocation from Malaysian Communications and Multimedia Commission (“MCMC”) for both the 900MHz and 1800MHz bands.
In line with the Government’s decision to optimise the use of spectrum resources, the following frequency bands will be allocated to Celcom by way of Spectrum Assignment:-
Based on the notice from MCMC, Celcom’s spectrum allocation, compared to the current allocation, will be lowered from 2x17MHz to 2x10MHz in 900MHz band, and from 2x25MHz to 2x20MHz in 1800MHz band.
MCMC has also earlier announced that the 900MHz and 1800MHz bands will be assigned for a fee for a period of 15 years. The fee for the specturm assignment is currently being determined. The reallocation takes into account the development of the sector and the nation as a whole and ensures that the spectrum bands are used in the most efficient manner. In this context, MCMC will also address the efficient usage of other relevant spectrum bands, including the 700MHz, 2300MHz, 2600MHz bands, by the end of 2016.
Axiata is reviewing the said decision and will issue further announcement(s) if there is any material development on the same.
This announcement is dated 3 February 2016.
|Company Name||AXIATA GROUP BERHAD|
|Date Announced||03 Feb 2016|
|Category||General Announcement for PLC|