Axiata strives to raise our shareholder value by striking a balance between
short-term profitability and long-term growth.
Type | Announcement |
Subject | OTHERS |
Description |
AXIATA GROUP BERHAD - SPECTRUM ASSIGNMENT |
Axiata Group Berhad (“Axiata”) wishes to announce that its wholly owned subsidiary Celcom Axiata Berhad (“Celcom”) has accepted an offer from the Malaysian Communications and Multimedia Commission (“MCMC”) for Spectrum Assignment in the 2530MHz to 2540MHz paired with 2650MHz to 2660MHz frequency bands.
The effective period for the Spectrum Assignment commences 1 July 2022 for a period of 5 years at a one-time fee of RM11,760,000 to be paid by 12 noon, 14 February 2022 and annual fee component fixed at RM20,759,510 payable before 15 December each year throughout the validity of the Spectrum Assignment.
Celcom has today paid to MCMC the price component (one-time) fee of RM11,760,000 in one lump sum.
This announcement is dated 11 February 2022. |
Company Name | AXIATA GROUP BERHAD |
Stock Name | AXIATA |
Date Announced | 11 Feb 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-11022022-00015 |