Saturday 27 Apr 2024
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KUALA LUMPUR: Telekom Malaysia Bhd (TM) has signed a framework agreement (FA) with MYTV Broadcasting Sdn Bhd (MTVB) to provide digital terrestrial television (DTT) infrastructure, network facilities and related services in Malaysia.

The DTT services will be accorded to MTVB for a period of 15 years, with an annual contract value of RM70.47 million.

“The subscription of DTT services from TM will allow MTVB, which has been awarded the licence by the government to operate the infrastructure and network facilities for DTT in Malaysia, to realise the migration of analogue terrestrial broadcasting to digital throughout the country by 2016,” said TM in a filing with Bursa Malaysia yesterday.

Under the agreement, TM will develop a terrestrial distribution network to connect MTVB’s digital multimedia hub to all 37 transmitter sites, 10 regional hubs and two earth stations via a nationwide ring network. TM will also provide MTVB with fibre broadcast network and system to allow the latter to deliver its services.

“The FA is not expected to have any material effect on the earnings and net assets of the TM group for the financial year ending Dec 31, 2014.

 

This article first appeared in The Edge Financial Daily, on November 19, 2014.

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