We refer to the announcement dated 16 December 2021 in relation to the execution of a term sheet with DNB for the Fiber Leasing Service (Announcement). Unless otherwise stated, the definition used herein shall have the same meanings as set out in the Announcement.

TM is pleased to announce that the Company has, on 14 April 2022, executed a service agreement with DNB for the Fiber Leasing Service Agreement (hereinafter referred to as “Service Agreement”). Under this Service Agreement, DNB will subscribe to 5G RAN-to-Edge Fronthaul and Backhaul as a single end-to-end solution for the provision of fibre connectivity that will enable DNB to provide 5G service to their customers.

The Service Agreement sets out the agreed terms and conditions for the respective Services in accordance to the contract period. It covers 5G RAN-to-Edge Fronthaul and Backhaul as a single end-to-end fiber leasing offering with a total contract value of RM 2.0 billion over 10 years. It is effective from 28 August 2021 and remains valid until the expiry of the 10 years’ Service Term of the last commissioned cell site unless earlier terminated by the Parties. TM will provide the Services to enable DNB’s 5G infrastructure needs in supporting the Government’s aspiration to speed up 5G rollout in Malaysia.

This announcement is dated 14 April 2022.

Announcement Info