Acceptance Of 2x10mhz 2600mhz Conversion To Spectrum Assignment

Maxis wishes to announce that the Company's relevant wholly owned subsidiary licensed under the Communications and Multimedia Act 1998 has, today on 11 February 2022 accepted the offer from the Malaysian Communications and Multimedia Commission ("MCMC") for the spectrum assignment of 2x10MHz of 2600MHz ("Offer") for an upfront fee of RM11.76 million. In addition, the annual fee component is fixed at RM20.75951 million for the entire assignment period of 5 years.

The spectrum assignment, upon issuance will be effective from 1 July 2022 for 5 years.

The announcement is dated 11 February 2022.

Announcement Info