Digi To Participate In 3G As A Mobile Virtue Network Operator (MVNO)
|Subject||DIGI TO PARTICIPATE IN 3G AS A MOBILE VIRTUE NETWORK OPERATOR (MVNO)|
Contents :The Board of Directors of the Company wishes to inform that its wholly-owned subsidiary DiGi Telecommunications Sdn Bhd (DiGi), will not be submitting a bid for a block within the third generation (3G) spectrum assignment, at the close of the bid exercise today.
DiGi intends, however, to invest strategically as a Mobile Virtual Network Operator (MVNO), in the delivery of a wide range of mobile multimedia products and services to the Malaysian marketplace.
The Company's decision not to submit a bid for a 3G spectrum assignment is a strategic one, taking into consideration its core and leverageable strengths and the 2G/3G evolutionary process. This also supports the Government’s call to the industry to avoid duplication of infrastructure and optimize capacity.
(Please refer to attached press release)
|Company Name||DIGI.COM BERHAD|
|Date Announced||29 May 2002|
- FINAL_RELEASE.doc (Size: 29,184 bytes)