Network collaboration agreement ("NCA") between DiGi Telecommunications Sdn Bhd ("DiGi Tel"), a wholly - owned subsidiary and Celcom Axiata Berhad ("Celcom") (DiGi Tel and Celcom shall collectively be referred to hereafter as "Parties")
Back Jan 20, 2014
|Description||NETWORK COLLABORATION AGREEMENT ("NCA") BETWEEN DiGi TELECOMMUNICATIONS SDN BHD (“DiGi Tel”), A WHOLLY – OWNED SUBSIDIARY AND CELCOM AXIATA BERHAD (“Celcom”)
(DiGi Tel and Celcom shall collectively be referred to hereafter as “Parties”)
Further to the announcement made on 18 January 2011 pertaining to the NCA entered into by the Parties to collaborate and share network infrastructure in Malaysia, the Board of Directors of DiGi wishes to announce that the 3-year term has expired on 17 January 2014.
During its tenure, the intention of the NCA has been successfully implemented in phases and both Parties have been able to realise the opportunities and benefits of collaboration in an inclusive and sustainable manner.
Both Parties have agreed to extend the duration of the NCA for a further period of 3 years effective 18 January 2014 and the Parties will continue to carry on the intent and purpose of the network collaboration to realise its full benefits, as seen in the recent developments on network infrastructure collaboration.
This announcement is dated 20 January 2014.
|Company Name||DIGI.COM BERHAD|
|Date Announced||20 Jan 2014|