KUALA LUMPUR: Telekom Malaysia Bhd’s (TM) wholly owned subsidiary TM Technology Services Sdn Bhd (TM Tech) and Maxis Bhd’s subsidiary Maxis Broadband Sdn Bhd have signed an amended agreement for the provision of high-speed broadband (HSBB) services.
Under the deal signed yesterday, an existing agreement would now include an amended HSBB Premium Service agreement with TM Tech.
“The purpose of the agreement is for Maxis to procure HSBB premium service from TM Tech, which would enable Maxis to provide HSBB to more premises across the country,” the telco said in a filing with Bursa Malaysia yesterday.
Maxis also said that it would be TM Tech’s leading customer for the HSBB Premium Service, which offers enhanced features and functionalities compared with the basic HSBB access services.
“The term of the agreement will commence from the signing of the agreement until June 30, 2029, with an option to extend subject to terms and conditions to be negotiated and mutually agreed on by the parties,” TM added.
Separately, TM said the HSBB services provided by TM to Maxis encompasses premium features and functionalities in relation to the technical and operational categories as agreed by the parties. — Bernama
Source: The Star