Friday, 5 July 2013

Axiata, Syed Mokhtar's Altel in 4G tie-up

Axiata Group Bhd will work with Tan Sri Syed Mokhtar Albukhary-controlled Altel Communications Sdn Bhd to offer super-fast fourth-generation (4G) mobile broadband services. Axiata's subsidiary, Celcom Axiata Bhd, and Altel will pool their blocks of 2.6-gigahertz spectrum to operate a wireless business running on or using Long-Term Evolution (LTE) technologies.
  • Altel, formerly known as Puncak Semangat Technology Sdn Bhd, was recently awarded a 40-megahertz (MHz) spectrum band to provide 4G services with speeds in excess of 100 megabits per second. Celcom and six other telcos, meanwhile, have each secured a 20MHz spectrum band.(BT)

Source: CIMB Daybreak - 05 July 2013

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