http://www.forbes.com/business/feeds/afx/2006/12/12/afx3245934.html
Telekom Malaysia unit secures 40 mln usd deals from Telenor Pakistan - UPDATE 12.12.06, 1:14 AM ET KUALA LUMPUR (XFN-ASIA) - Telekom Malaysia Bhd said its unit Multinet Pakistan Pte Ltd has entered into capacity supply and service contracts with Telenor Pakistan. The total value of the two contracts is estimated to be 40 mln usd, it said, adding that the contracts are for 20 years. Telekom Malaysia controls 78 pct stake in Multinet Pakistan via TM international Sdn Bhd. In a statement, Telekom Malaysia said the capacity contract will enable Telenor to utilise fibre optic cable pairs and associated co-location facilities along Multinet Pakistan's national long haul optical fibre transmission network, or the Ittehad project. Project Ittehad is a 4,100 kilometers fibre optic backbone connecting 107 cities across Pakistan. Multinet will also provide maintenance and associated services to Telenor under the service contract, it said. 'Multinet is proud to play a key role in taking Telenor's network to reach more Pakistanis. We are fully committed towards supporting Telenor in strengthening its leadership in Pakistan, as well as retaining its competitiveness in the future,' said Adnan Asdar, chief executive officer of Multinet. Under an arrangement called 'indefeasible right of use,' Telenor will have virtual ownership of four cores of optic fibre in the long haul network, according to the statement. 'We have confidence in Multinet's capability and rollout program. With this contract in place, Telenor Pakistan will ensure guaranteed service and will not be dependent on a third party because the fibre optic is wholly dedicated to us,' said Arve Johansen, executive vice president and deputy chief executive officer of Telenor and head of Telenor's Asia operations. (1 usd = 3.55 rgt) [EMAIL PROTECTED] +++ -------------------------- Want to discuss this topic? Head on over to our discussion list, [EMAIL PROTECTED] -------------------------- Brooks Isoldi, editor [EMAIL PROTECTED] http://www.intellnet.org Post message: osint@yahoogroups.com Subscribe: [EMAIL PROTECTED] Unsubscribe: [EMAIL PROTECTED] *** FAIR USE NOTICE. This message contains copyrighted material whose use has not been specifically authorized by the copyright owner. OSINT, as a part of The Intelligence Network, is making it available without profit to OSINT YahooGroups members who have expressed a prior interest in receiving the included information in their efforts to advance the understanding of intelligence and law enforcement organizations, their activities, methods, techniques, human rights, civil liberties, social justice and other intelligence related issues, for non-profit research and educational purposes only. We believe that this constitutes a 'fair use' of the copyrighted material as provided for in section 107 of the U.S. Copyright Law. If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/osint/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/osint/join (Yahoo! ID required) <*> To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
