MiTV Corp to roll out 3G service for mobile subscribers
MiTV Corp Sdn Bhd is expected to roll out its third generation (3G) services for mobile subscribers by the first half of next year, said executive director Kenneth Chang.
"The 3G platform will be ready by end of this year but we won't be going to the market immediately. It is a complicated process - we need the service platform and the handsets to be ready," he told reporters after the signing ceremony between MiTV and Ericsson (M) Sdn Bhd on Monday.
He said the company, which was one of the two companies that were awarded the second round of 3G spectrums earlier this year, planned to invest RM1.2bil in the next five years as capital expenditure (capex) for 3G.
The capex could be funded via shareholders, bank borrowings and equity, he said.
"The 3G platform will be ready by end of this year but we won't be going to the market immediately. It is a complicated process - we need the service platform and the handsets to be ready," he told reporters after the signing ceremony between MiTV and Ericsson (M) Sdn Bhd on Monday.
He said the company, which was one of the two companies that were awarded the second round of 3G spectrums earlier this year, planned to invest RM1.2bil in the next five years as capital expenditure (capex) for 3G.
The capex could be funded via shareholders, bank borrowings and equity, he said.
<< Home