TM accepts 20MHz spectrum block from MCMC

by TMR / pic by TMR FILE

TELEKOM Malaysia Bhd’s (TM) subsidiary, Webe Digital Sdn Bhd, has accepted an offer for a 20 MHz spectrum block of the 2600 MHz spectrum band from Malaysian Communications and Multimedia Commission (MCMC).

TM in a Bursa Malaysia filing today said  the allocated block of 2575 MHz to 2595 MHz is effective from 1 July 2022, with total applicable fee of RM37 million over a period of five years.

The components would include an upfront fee of RM7.06 million and an annual fee of RM5.98 million to be paid by December 15, each year.

“The increased capacity will enable TM to provide seamless fixed and wireless access, and content to its retail and enterprise customers at home, office or on the move.”

“The acceptance of this spectrum offer is also aligned with our future direction in embarking into a dynamic digital space. With our strong and extensive fibre infrastructure, the spectrum will enable future expansion of telecommunication services to customers, for an end-to-end converged experience,” said TM’s Group CEO, Imri Mokhtar.

The allocation of the spectrum also allows TM to support the national agenda in delivering extensive telecommunications coverage with high service quality, especially through the Jalinan Digital Negara (JENDELA) and the Malaysian Digital Economy blueprint (MyDIGITAL).