Celcomdigi Receives 2600 MHz, 900 MHz Spectrum Assignments

MT Newswires Live10-30

Celcomdigi (KLSE:CDB) unit CelcomDigi Telecommunications received spectrum assignments from the Malaysian Communications and Multimedia Commission for the 2600 megahertz (MHz) and 900 MHz frequency bands under Lot B, according to a Friday filing with the Malaysian bourse.

The assignments carry fees of 366.8 million ringgit for the 2600 MHz band and 15 million ringgit for the 900 MHz band. Annual spectrum fees are 42 million ringgit for the 2600 MHz band, and 3,500 ringgit per apparatus for the 900 MHz band.

The 2600 MHz assignment is valid from Nov. 1, 2026, to Oct. 31, 2030, while the 900 MHz assignment runs through Oct. 31, 2031, it said.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment