Telecoms and IT in Pakistan
Wednesday, December 13, 2006
 
Telekom Malaysia unit secures 40 mln usd deals from Telenor Pakistan
12.12.06, 12:44 AM ET

KUALA LUMPUR (XFN-ASIA) - Telekom Malaysia Bhd said its unit Multinet Pakistan Pte Ltd has entered into capacity supply and service contracts with Telenor Pakistan.

The total value of the two contracts is estimated to be 40 mln usd, it said, adding that the contracts are for 20 years.

Telekom Malaysia controls 78 pct stake in Multinet Pakistan via TM international Sdn Bhd.

In a statement, Telekom Malaysia said the capacity contract will enable Telenor to utilise fibre optic cable pairs and associated co-location facilities along Multinet Pakistan's national long haul optical fibre transmission network.

Multinet will also provide maintenance and associated services to Telenor under the service contract, it added.

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