AXIATA 6888 AXIATA GROUP BERHAD Celcom Axiata, TNB's unit Allo explore 5G, other telco ventures
The collaboration will also enable efforts from Allo and Celcom to drive connectivity and digitalisation across industries with technology solutions and services such as ICT cybersecurity solutions, cloud, data centres and managed services, as well as IoT
KUALA LUMPUR: Axiata Group Bhd and Tenaga Nasional Bhd, through their key subsidiaries, are exploring a partnership for the execution and fulfilment of telco-related services.
Celcom Axiata Bhd and TNB's wholly-owned Allo Techmology Sdn Bhd signed a Memorandum of Understanding on the prospect of introducing telco-related services focusing on fiberisation, network resiliency, connectivity, information and communications technology, internet of things, 5G and smart solutions.
"The collaboration will enable a faster fibre infrastructure rollout by Allo, a leading fibre optic connectivity expert while facilitating the rapid deployment of high-speed broadband in targeted industrial areas, network base stations and fiberisation of Celcom-selected sites," Celcom and Allo said in a joint statement today.
"The partnership will also seek to accelerate the development of smart cities and create a better and brighter Malaysia through digital connectivity by both parties," they added.
Celcom chief executive officer Datuk Idham Nawawi said the strategic partnership would leverage on the strengths of both organisations towards the acceleration of digitalisation across Malaysian homes and enterprises as well as to significantly boost network operational efficiency.
"The opportunity to provide high quality and affordable fibre connectivity to homes across the nation is immense, and through this partnership, both parties can play a much larger role and make significant impacts towards digitising Malaysian societies.
"The strength of Celcom with the widest mobile network and the potential reach of Allo's fibre via TNB's infrastructure opens this partnership to a world of new opportunities," he said.
TNB president and chief executive officer Datuk Indera Ir Baharin Din said the group, through Allo, was fully committed to undertake efforts that benefit the nation's economic recovery and supports the government's initiatives to make lives better and brighter for Malaysians.
"By leveraging on over 25,000km of TNB's fibre optic infrastructure, Allo has peninsula-wide coverage to support rapid and cost-effective deployment of high-speed broadband connectivity services.
"Through a reliable connectivity ecosystem that is offered by Allo and Celcom, it can be a driving force for comprehensive value creation across the industry, the development of smart cities, and the ability to transform the socio-economic landscape in Malaysia," he said.
The collaboration will also enable efforts from Allo and Celcom to drive connectivity and digitalisation across industries with technology solutions and services such as ICT cybersecurity solutions, cloud, data centres and managed services, as well as IoT smart city solutions.
https://www.nst.com.my/business/2022/09/828290/axiata-celcom-axiata-tnbs-unit-allo-explore-5g-other-telco-ventures
Singapore Investment
-
-
Every Senior should know56 minutes ago
-
-
-
-
-
-
-
-
-
-
Where Will I Deposit 80K in May 2025?17 hours ago
-
-
-
-
-
-
-
-
-
-
-
-
Maximising Returns2 days ago
-
Selling HRnet and Fiverr2 days ago
-
Community3 days ago
-
-
-
-
-
-
-
-
-
-
-
-
-
GE 2025: Aftermath1 week ago
-
-
-
Quick Updates1 week ago
-
-
-
Portfolio Summary for April 20251 week ago
-
-
Portfolio (April 30, 2025)1 week ago
-
Portfolio (April 30, 2025)1 week ago
-
-
-
-
Month of April 20251 week ago
-
-
3 Beaten-Down Stocks for your portfolio2 weeks ago
-
-
-
-
-
-
-
-
-
-
-
-
Gold on bullet train!3 weeks ago
-
-
-
FAQ on Quantitative Investing Part 24 weeks ago
-
-
-
-
-
-
US/China/SG stocks all crashed?5 weeks ago
-
Investing vs. Speculating5 weeks ago
-
-
-
-
-
-
-
-
-
March 2025 Updates1 month ago
-
-
-
-
-
-
-
-
-
-
The Ultimate SG-JB Geo Arbitrage: Petrol2 months ago
-
-
-
-
-
-
ETF vs Mutual Fund: Which is Better?3 months ago
-
-
-
-
-
-
-
-
-
Arigato Everyone! A Decade of Blogging!4 months ago
-
Top 10 Highlights of 20244 months ago
-
-
2023 Trading Recap – $11,000 in profit!5 months ago
-
-
Union Square Residences6 months ago
-
-
-
STI ETF7 months ago
-
-
-
Unibet Casino Bonus Codes 20248 months ago
-
-
-
-
-
The Stigma against Early Retirement (FIRE)10 months ago
-
Monthly IBKR Update – June 202410 months ago
-
-
Portfolio Transactions (May 2024)11 months ago
-
-
-
-
-
Breakthroughs in portfolio :)11 months ago
-
-
-
Feb 2024 Expenditure1 year ago
-
-
-
-
-
-
-
Monthly Summary of November 20231 year ago
-
Migration of website1 year ago
-
-
-
-
-
-
-
-
-
A New Light2 years ago
-
-
-
-
-
-
2022 Thoughts, Hello 2023!2 years ago
-
Series of Defaults for Maple Finance2 years ago
-
Takeaways from “Sea Change”2 years ago
-
Greed is Coming Back2 years ago
-
-
-
-
-
-
-
-
What is Overemployment2 years ago
-
Terra Hill Condo (former Flynn Park)2 years ago
-
Alibaba VS Tencent: The Battle Royale2 years ago
-
-
-
-
-
-
-
-
-
-
-
-
-
Home
AXIATA
AXIATA 6888 AXIATA GROUP BERHAD Celcom Axiata, TNB's unit Allo explore 5G, other telco ventures