KUALA LUMPUR: Telekom Malaysia Bhd (TM) has reaffirmed its commitment to enhancing customer experience, capacity and value with the 2600 megahertz (MHz) spectrum band acquired from the Malaysian Communications and Multimedia Commission (MCMC) recently.

       The company had accepted the offer from MCMC for a 20 MHz spectrum block of the 2600 MHz spectrum band through its subsidiary Webe Digital Sdn Bhd.

       In a filing with Bursa Malaysia, TM said the assignment of 20 MHz in the 2575-2595 MHz frequency band is effective from July 1, 2022, and entails a total applicable fee of RM37mil over five years, including an upfront fee of RM7.06mil and the annual fee of RM5.98mil to be paid by Dec 15 each year.

       Group chief executive officer Imri Mokhtar said the spectrum would provide substantial value and leverage to TM as a leading convergence provider.

       The spectrum is aligned with TM’s future direction in the dynamic digital space, and the increased capacity will enable the company to provide seamless fixed and wireless access as well as content to its retail and enterprise customers.

       “With our strong and extensive fibre infrastructure, the spectrum will enable future expansion of telecommunication services to customers, for an end-to-end converged experience. The allocation of the spectrum also allows TM to support the national agenda in delivering extensive telecommunications coverage with high service quality, especially through the Jalinan Digital Negara and the Malaysian Digital Economy blueprint,” he added. — Bernama