Stock Exchange
Announcement

Mobile Virtual Network Operator Roaming Agreement ("MVNO Agreement") Between Digi Telecommunications Sdn Bhd ("Digi Tel") And Baraka Telecom Sdn Bhd ("Baraka")

Back May 14, 2010
Type Announcement
Subject DiGi.Com Berhad ("DiGi" or "Company")
- MOBILE VIRTUAL NETWORK OPERATOR ROAMING AGREEMENT (“MVNO Agreement”) BETWEEN DiGi TELECOMMUNICATIONS SDN BHD (“DiGi Tel”) AND BARAKA TELECOM SDN BHD (“Baraka”)
Contents 1) Introduction

Further to the announcement on 21 May 2009, DiGi.Com Berhad (“DiGi” or “the Company”) wishes to announce that the MVNO Agreement entered into between DiGi Tel, a wholly-owned subsidiary of DiGi and Baraka have been mutually terminated by both parties with immediate effect.

2) Reason for the termination of MVNO Agreement

The termination of the MVNO Agreement is due to Baraka re-considering its mobile virtual network operator business in Malaysia.

3) Financial Effects

The termination of the MVNO Agreement does not have any material effect on the earnings, gearings and net assets of DiGi Group for the financial year ending 31 December 2010.

This announcement is dated 14 May 2010

 


Announcement Info

Company Name DIGI.COM BERHAD  
Stock Name DIGI    
Date Announced 14 May 2010  
Category General Announcement
Reference No CC-100514-57703

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