Bursa Malaysia Stock Watch

Celcom Axiata inks pact with Sacofa

kltrader
Publish date: Mon, 18 Apr 2011, 02:43 PM
kltrader
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Celcom Axiata Bhd inked today a RM168 million fiberisation leasing agreement with Sarawak-based Sacofa Sdn Bhd.

Though with a 10 year commitment, the project is scheduled to be completed within the next two years.

It includes the fiberisation of 400 Celcom Node-B and base stations in Sarawak by Sacofa as well as the provision of trunk capacity throughout the state and cross ocean submarine capacity.
Sacofa is a 'one-stop centre' providing telecommunication

infrastructure to service providers in Sarawak and has currently around 500 towers with a coverage of 60-70 per cent of the state.

'With the completion of this project, Sarawakians will be able to enjoy enhanced services such as high definition voice and video plus high speed browsing with Celcom,' Celcom Chief Executive Officer, Datuk Seri Shazalli Ramly told the media after the signing ceremony here today. - Bernama
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