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Celcom Axiata receives 900mhz, 1800mhz spectrum allocations

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Syndicated News
Written by Syndicated News

KUALA LUMPUR, Aug 31 2016 : Axiata Group Bhd’s unit, Celcom Axiata Bhd, has received spectrum allocations from Malaysian Communications and Multimedia Commission (MCMC) for the 900 megaherz (MHz) and 1800MHz bands, effective July 1, 2017.

In a filing to Bursa Malaysia yesterday, Axiata said, the spectrum fee consisted of price component of RM816.75 million and annual fee component of RM70.25 million

“The payment of lump sum or first payment for spectrum assignment is due on Nov 1, 2016,” it said. – Bernama

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