| Type | Announcement |
| Subject | DiGi.Com Berhad ("DiGi" or "the Company") - Wavelength Purchase Agreement between DiGi Telecommunications Sdn Bhd ("DiGi Tel") and TT dotCom Sdn Bhd ("TTdC"); and - Maintenance and Support Agreement between DiGi Tel and TTdC |
| Contents | 1) Introduction We refer to our announcement dated 18 April 2008 pertaining to the Bandwidth Service Agreement (“BSA”) entered between DiGi wholly-owned subsidiary, DiGi Tel and TTdC, whereby DiGi Tel engaged TTdC, as one of its main suppliers of international and domestic fibre leases/bandwidth. Further to the BSA, we wish to announce that DiGi Tel on 14 December 2010 had entered into the Wavelength Purchase Agreement ("WPA") and Maintenance and Support Agreement ("MSA") (hereinafter collectively known as “Agreements”) to migrate the arrangements under the BSA into a 10-year commitment. Under the Agreements, TTdC will provide the fibre optic communications and maintenance and support services. 2) Information of TTdC TTdC was incorporated under the Companies Act, 1965. The principal activity of TTdC is to provide voice, data, video and image communication services through its established domestic and international network. 3) Salient terms of the Agreements i) The purchased wavelength will be made available to DiGi Tel through multiple links throughout Malaysia to be delivered as part of the Agreements. The total value of the WPA and MSA is estimated at approximately RM139 million for the 10 year period. ii) TTdC will fiberise, maintain and support parts of DiGi Tel’s backhaul links between its aggregation wireless towers and its mobile switching centres (MSC). iii) The WPA shall continue for a period of ten (10) years commencing from the actual ready for service date of the relevant link. iv) The MSA shall continue until expiry of the WPA. 4) Rationale The provision of the fibre optics infrastructure will enhance DiGi Tel’s network to meet its growing and future mobile bandwidth demands of customers. 5) Financial Effects The Agreements are not expected to have any material effect on the earnings, gearings and net assets of the DiGi Group for the financial year ending 31 December 2010. 6) Directors' and Major Shareholders' Interest None of the Directors and/or major shareholders of DiGi and/or person connected to them have any direct or indirect interest in the Agreements. 7) Directors' Statement The Board of Directors of DiGi is of the opinion that the Agreements are in the best interest of the Company. This announcement is dated 14 December 2010. |
| Company Name | DIGI.COM BERHAD |
| Stock Name | DIGI |
| Date Announced | 14 Dec 2010 |
| Category | General Announcement |
| Reference No | CCS-101214-FCF3A |
