Minister cancels 700MHz spectrum awards to TM, DiGi, Maxis, Altel and Axiata

TheEdge Wed, Jun 03, 2020 04:45pm - 3 years View Original


KUALA LUMPUR (June 3): Communications and Multimedia (KKMM) Minister Datuk Saifuddin Abdullah has cancelled his order to award portions of the 700 megahertz (MHz) band to DiGi.Com Bhd, Maxis Bhd, Telekom Malaysia Bhd (TM), Altel Communications Sdn Bhd and Axiata Group Bhd.

In a statement today, the minister said that 18 instruments, including ministerial orders and findings regarding the usage of spectrum frequencies in the 700MHz, 900MHz and 2600MHz had been presented to him.

“Based on technical issues, laws and the need to follow a clear process, I have ordered the chairman of the Malaysian Communications and Multimedia Commission (MCMC) to cancel the above orders and findings, and to reevaluate the instruments with immediate haste,” said Saifuddin in the statement.

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Related Stocks

AXIATA 2.720
CDB 4.100
MAXIS 3.560
TM 6.110

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Homi Iwan
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U turn pula, kanina

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