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Back 30 Aug 2016
Type Announcement
Subject OTHERS
Description

AXIATA BERHAD (THE COMPANY OR AXIATA) - LETTER OF OFFER FOR SPECTRUM ASSIGNMENT IN THE 900MHZ AND 1800MHZ SPECTRUM BANDS TO CELCOM AXIATA BERHAD

Further to the announcement dated 2 February 2016 in relation to the spectrum reallocation of 900MHz and 1800MHz, Axiata wishes to announce that its wholly-owned subsidiary, Celcom Axiata Berhad has received a Letter of Offer dated 30 August 2016 from the Malaysian Communications and Multimedia Commission in respect of the allocation of 2x10MHz of 900MHz and 2x20MHz of 1800MHz bands effective 1 July 2017.

 

The spectrum fee consists of 2 components:-
(i) Price component of RM816,750,000.00 ; and
(ii) Annual fee component of RM 70,252,000.00. 

 

The payment of lump sum or first payment for spectrum assignment is due on 1 November 2016.


This announcement is dated 30 August 2016.




Announcement Info

Company Name AXIATA GROUP BERHAD
Stock Name AXIATA
Date Announced 30 Aug 2016
Category General Announcement for PLC
Reference Number GA1-30082016-00145

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