Update Celcom Axiata, Altel to share LTE spectrum

Update Celcom Axiata, Altel to share LTE spectrum
Business & Markets 2013
Written by Kamarul Anwar of theedgemalaysia.com
Thursday, 04 July 2013 18:56

KUALA LUMPUR (July 4): Axiata Group Bhd's wholly-owned subsidiary Celcom Axiata Bhd will share their long-term evolution (LTE) high-speed wireless communication network.

In a filing with Bursa Malaysia today, Axiata said Celcom has signed a master collaboration agreement with Altel to share their respective LTE2600 MHz spectrum.

“The rationale of this collaboration is to establish a smart alliance that will benefit both Celcom and Altel in achieving their short- and long-term business goals.

"In the proposed collaboration, the parties aim to maximise the usage of the allocated spectrum with the view to provide the best broadband speed in the market,” Axiata said.

Under the agreement, Axiata said Celcom and Altel will pool their respective 2x 10MHz bandwidth of the LTE2600 MHz spectrum awarded by the Malaysian Communications and Multimedia Commission into a common pooled spectrum.

The pooled spectra are for the exclusive use of both parties for the establishment, deployment, CONSTRUCTION [], operation and maintenance of a wireless business running on or using the LTE technologies, said Axiata.

"In addition to the above, Altel which has been awarded by the MCMC 2 x 20 MHz of the LTE2600 MHz spectrum band will consider request by Celcom for use of the remaining 2 x 10MHz spectrum band from Altel," Axiata said.

Axiata said Celcom aims to provide the best broadband speed in the market by maximising the group and Altel’s network.

The collaboration between Celcom and Altel will also see former become the exclusive infrastructure and wholesale provider to the latter.

This is to enable Altel to operate as a mobile virtual network operator (MVNO).

An MVNO is a telecommunication-network provider which does not have its own infrastructure.

+1 pray hard banks upgrade tp tmolo   benefit both parties